FINRA Beating SEC on Social Networking Guidelines
Like them or not, FINRA is getting the jump on the SEC over issuing guidelines to registered representatives regarding the use of social networking.
FINRA is offering a compliance webinar on December 16, 2009 to cover “compliance and regulatory considerations when using social networking sites to communicate firm business.”
Why FINRA decided to charge $50 for members and $100 for non-members is beyond me. I would think they would want to make this information free to increase compliance with the guidelines set by FINRA. I digress.
Click the image below to connect to FINRA’s website and get the webinar details.
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October 21st, 2009 at 10:26 am
I’m a little perplexed on why FINRA is charging, as well.
Really nice step in the right direction with the evolving landscape of social networking…
October 21st, 2009 at 11:45 am
I’m glad FINRA will address the issues.
Is their fee part of an initiative to make people pay for their regulation?
October 21st, 2009 at 12:49 pm
I can’t speak as to why they charge for a particular offering or not, but they do offer a free podcast on this topic at http://www.finra.org/Industry/Education/OnlineLearning/Podcasts/. (Scroll down to March 10, 2009.)
October 22nd, 2009 at 8:22 am
Bill – Thanks for the heads up!
Emily – Thanks for the link to the podcast. Not sure I want to pay for the webinar at this point but the podcast was a nice 6 minute overview.
October 29th, 2009 at 4:46 am
The podcast is really good, as is their page on guidelines for using the Internet for registered representatives
http://www.finra.org/Industry/Issues/Advertising/p006118
Also take a look at the white paper, just produced by Osterman research on compliance guidelines in new media.
http://bit.ly/2JbJzp
November 23rd, 2009 at 9:01 pm
[...] posted back in October that FINRA scheduled a webinar to discuss guidelines when using social networking websites. The [...]