FINRA Podcast: Electronic Communications with the Public - Part 1

FINRA released its podcast for May 29, 2013, focusing on how FINRA's Communications with the Public rule applies to electronic communications. This was the first of a two-part series. The new rule reduces communication categories from six to three: institutional communications, retail communications and correspondence. The three categories are defined with written communication being the focus, as well as what is considered written communication for all three categories. The rule also details suitability, FINRA review, approval and record-keeping requirements, as well as the difference between interactive and static messages and the requirements for both.

Listen to Podcast here (links externally to FINRA website).