Social Networking Compliance Challenges for IAs and BDs
May 13, 2010
1:00 PM – 3:00 PM EDT
Presented by: Deborah Well- Director of E-Business, Harbor Capital Advisors
Bill Cavell- Executive Consultant, IA Services NRS
Description: Friends and profiles, professional networking, micro-blogging, Facebook, LinkedIn and Twitter must now be addressed in your compliance program. Are your employees using firm premises and equipment to communicate with clients in the social networking environment? Is e-marketing being conducted? What about the confidentiality of firm and client information? This seminar will bring you up to speed on these communication portals, the risks they pose and regulators’ expectations regarding oversight and supervision
Learning Objectives:
- Understand the various social media i.e. Facebook, LinkedIn, Twitter, etc. and their uses by firm employees
- Understand the SEC and FINRA requirements pertaining to recordkeeping, oversight and supervision
- Be able to identify the risks posed by the use of Social Networking sites
- To be able to develop and apply effective compliance procedures to monitor and supervise use of social media sites by employees
For Whom: Chief Compliance Officers, Legal counsel, Compliance Staff at all levels, Management, IT staff, Marketing
Suggested Skill Level: Basic to Intermediate
Instructional Method: Group - Internet Based
Pre-requisites for participation: No prerequisites are required. However, attendees can benefit by reviewing the Investment Advisers Act of 1940 to become familiar with the structure and terms.
Continuing Education Credits: Recommended CPE Credit: 2
