SOURCE: Oyster Consulting LLC

Oyster Consulting LLC

September 08, 2015 08:30 ET

Former FINRA Regional Chief Counsel Andrew A. Favret Joins Oyster Consulting as Managing Director

Financial Services Consulting Firm Bolsters Team, Hiring Former FINRA Attorney

RICHMOND, VA--(Marketwired - September 08, 2015) - Oyster Consulting announced today it has hired Andrew A. Favret as Managing Director, expanding the firm's services in the Southeast. The move continues Oyster's ascent as a regulatory and compliance leader, heightening the firm's ability to help financial industry firms navigate the changing regulatory environment.

Andrew Favret is the former Regional Chief Counsel for the Financial Industry Regulatory Association (FINRA), where he was responsible for the preparation, negotiation and litigation of a wide variety of exams, as well as the drafting and review of FINRA rule proposals. As an attorney at Dechert LLP, Andrew was involved in the firm's securities, banking, mutual funds and insurance practices on both the national and international level.

"Andrew brings legal, compliance, AML, and strategic advisory skills for our domestic and international clients," explains George Jennison, Oyster Consulting President. "His experience as Regional Chief Counsel with FINRA provides him with a perspective that will help Oyster's clients with their regulatory and compliance needs."

Andrew will join Oyster Consulting's industry experts as they continue to ensure that Oyster delivers high quality results and customized client services.

"Oyster understands the compliance and regulatory landscape that broker-dealers and exchanges must navigate today, and has deep experience helping clients find their way. I'm looking forward to leveraging my experience as part of that team," Favret said.

ABOUT OYSTER CONSULTING

Oyster Consulting supports financial services firms with audit, regulatory, compliance, financial, strategic management, operations, trading and technology consulting services, creating simplicity in a complex environment. Oyster's team brings over a thousand years of combined experience as senior executives, program managers, developers, business analysts and subject matter experts. Oyster's practical solutions help broker-dealers, investment advisors, hedge funds, mutual funds, ETFs, high-frequency trading firms, private equity firms and exchanges protect and grow their businesses.

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