Financial services firms, advisers and brokers can get themselves caught in their own tracks on social media, worrying excessively about Securities and Exchange Commission rules on disclosures, marketing and communication, as well as Financial Industry Regulatory Authority guidelines.
In truth, the guidance out there is “pretty flexible,” says Rajib Chanda, a partner with the Boston-based Ropes & Gray regulatory law firm, at the Investment Company Institute’s Mutual Funds and Investment Management Conference.
