http://bit.ly/avX8yt

(Snips from post)
Social Media Policies and Procedures: Firms must implement policies and
procedures reasonably designed to assure that their personnel who contribute
to social media sites for business purposes are properly supervised, have
the necessary training and background to engage in such activities, and do
not create undue risks to investors.
At a minimum, all firms must implement policies that (1) prohibit associated
persons from engaging in business communications on a social media site that
is not subject to the firm's supervision; and (2) allow only those
associated persons who have received appropriate training about the firm's
policies and procedures to engage in communications on these sites.

Recordkeeping Duties: A firm that intends to communicate, or permit its
associated persons to communicate, through social media sites must ensure
that the firm can retain and retrieve records of those communications in
accordance with SEC and FINRA rules.

Actual Rule is here:  http://bit.ly/bmXM8X

Larry
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[Yes, it's really me =) ]

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