FINRA released its Regulatory Notice on Communications with the Pubic Through Social Networking Web Sites today, a full month ahead of schedule. The notice will undoubtedly become the standard by which firms, and FINRA, will gauge compliance in the use of sites such as LinkedIn, Facebook and Twitter. While some firms may still prohibit the use of these sites, others may take some level of comfort in the release, and permit limited use of these sites by registered persons. It is Regulatory Notice 10-06.
I am a panelist on a webinar tomorrow, Advisers and LinkedIn: What you can, cannot and should be doing - and will be discussing the implications of the Notice. The webinar is free, and registration information is available at
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20100110/STATIC/100119998
