Pennsylvania-based CRC-Oyster, a financial industry consulting firm, announced it acquired Modern Regulatory Services, which specializes in broker-dealer compliance and financial operations support, according to a news release. The terms of the deal were not disclosed.
Modern Regulator Services was founded in 2004 by Gregory Levine, who will join CRC-Oyster along with business partner Steven Bender, the news release said.
“The compliance needs of our broker-dealer clients continue to grow in complexity, and our ability to meet these needs depends on having the right people and the right depth of expertise,” Mitch Avnet, CEO and managing partner of CRC-Oyster, said in the release. “The addition … brings exactly that and fills a genuine need we’ve seen building across our client base. We’re not just adding headcount; we’re adding capabilities that make us a stronger partner for every firm we serve.”
The acquisition comes not long after the 2025 deal that formed CRC-Oyster.
