FINRA Regulatory Notice 11–39:
Social Media, Websites, and the Use of Personal Devices
for Business Communications
Guidance on Social Networking Websites and Business Communications
Since the publication of FINRA Regulatory Notice 10–06 in Jan. 2010, more questions have been raised regarding how those rules should be applied.
Regulatory Notice 11–39 responds to those questions and provides additional clarification of the rules. It is not meant to alter the previous guidance.
The notice addresses five key guidance areas: recordkeeping responsibilities, suitability responsibilities, types of interactive electronic forums, supervision of social media sites, and third-party posts.