InvestmentNews

Finra fines M1 Finance in landmark social media enforcement

Finra slapped online brokerage firm M1 Finance with an $850,000 fine for violations related to its social media influencer program. In its first formal enforcement action against a firm over its ...
InvestmentNews

Finra on social media: Don't mix business and pleasure

Registered representatives should be careful about mixing personal use of social-networking sites with business use, a Finra executive said today. "It's the same issue as with e-mails — if you're ...
The National Law Review

FINRA Clarifies its Social Media Guidelines

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Finextra

Finra fines M1 Finance over misleading social media influencer posts

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. For three years from early 2020, M1 embarked on a massive ...
JD Supra

FINRA’s Crackdown on Firms’ Use of Social Media Influencers Continues

The Financial Industry Regulation Authority’s (FINRA) Enforcement Division recently announced a resolution to a nearly two-and-a-half-year investigation in which TradeZero America, Inc. (TradeZero) ...
Morningstar

New FINRA Foundation Research Examines the Characteristics, Behaviors and Outcomes of Retail Investors Who Use Social Media

The FINRA Investor Education Foundation (FINRA Foundation) released today new research, Finfluencer Followers and Social Media Scrollers: The Profile, Patterns, and Pitfalls of Social-Media-Informed ...
JD Supra

FINRA’s First Disciplinary Action Targeting Firm’s Use of Social Media Influencers

The Financial Industry Regulatory Authority’s (FINRA) Enforcement Division recently announced its first settlement involving a firm’s supervision of social media influencers. The respondent, M1 ...