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.