Broker-Dealer Outsourced and Interim CCO

BD Outsourced CCOEvery firm needs an experienced and diligent CCO to help navigate the changing regulatory landscape to keep their business running smoothly. Whether on an interim or permanent basis, Oyster has experienced consultants with a breadth of industry knowledge and expertise who stand ready to serve as your firm’s CCO.

As CCO Oyster will:

  • Provide CCO compliance services consistent with the requirements and expectations of FINRA and the SEC
  • Conduct reviews, both on-site and remotely, including:
    – Risk assessments and testing
    – Trade surveillance
    – Suitability
    – Incoming and outgoing correspondence sampling
    Marketing and advertising
    – Books and Records
  • Provide an Annual Compliance Report under FINRA Rule 3120
  • Provide an Annual Certification Report under Rule 3130
  • Ongoing reporting and remediation of any violations
  • Coordination of  SEC and/or FINRA or other regulatory exams and responses
  • Respond to regulatory inquiries
  • Create and maintain a detailed compliance program
  • Perform testing of compliance policies and procedures
  • Complete Regulatory Filings
  • Communicate Regulatory Updates and Alerts
  • Conduct employee training
  • DOL Fiduciary Rule Assessments and Compliance

The Oyster Difference

Oyster’s consultants have been CCO and Compliance Officers for broker-dealers of all shapes and sizes. When you get the services of one consultant, you get the knowledge and experience of them all. Oyster takes a proactive approach to being CCO by staying ahead of the regulatory curve and making sure your firm is up to date on all proposed and final regulations, filtering through the regulatory noise to find the relevant news and updates.