DPC15_300x250_ads_FINAL
Certification_CIPT_300x250final-01
PSR15_300x250_ads_FINAL

The Investment Industry Regulatory Organization of Canada (IIROC) is considering new rules that would allow broker-dealer firms to monitor employee activities on social networking sites, the Wall Street Journal reports. IIROC's U.S. counterpart, the Financial Industry Regulatory Authority (FINRA), recently made a similar move, directing firms to develop policies and procedures to ensure personnel are complying with regulatory requirements governing marketing while using social-networking sites. Harold Geller, a securities lawyer at Doucel McBride LLP in Ottawa, points out that with the implementation of such new rules, "until there's clarity, there'll be all sorts of opportunity for problems and risks for the advisors and the public." (Registration may be required to access this story.)
Full Story

0 Comments

If you want to comment on this post, you need to login

Related