Compliant Social Media Marketing Solutions for Financial Advisors
The Financial Industry Regulatory Authority (FINRA) announced yesterday that it is conducting spot-checks on social media communications such as Facebook, Twitter, LinkedIn and blogs. According to FINRA Rule 2210(c)(6), each firm’s written (including electronic) communications are subject to a periodic spot-check procedure. FINRA’s Advertising Regulation Department requests that firms provide the following: 1. An explanation […]
By InvestmentPal. History repeats? In 2010, FINRA released Notice 10-06, an important regulatory guide on social media. Then in 2011, Morgan Stanley began allowing its financial advisors to use online social networks such as Twitter. This year, Facebook completed its IPO at a $100 billion valuation with 900 million users. How will the interplay of consumer […]
Receive your free copy of the Social Media Compliance Guide.
