Regulators React to the Rise of Social Media

Firestone, Julie H.; Kim, Christine J.
March 2012
Securities Litigation Journal;Spring2012, Vol. 22 Issue 3, p11
The article reports on the releases issued by the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) providing guidelines in using social media websites. A National Examination Risk Alert providing staff observations and guidelines that registered investment advisers (RIAs) should consider in using social media was released by the SEC in January 2012. Information on a regulatory notice issued by FINRA in January 2010 is also offered.


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