14Jan/10
Very interesting story that just hit the ‘net – FINRA, along with The American Library Association, is awarding $1.5 million in grants to grassroots public library systems. These public library systems intend on using the funds for social media as well as other education programs.
FINRA is focusing efforts to target 13 to 35 year-olds, which is a very typical demographic range when it comes to social media. What does this mean for social networking compliance? Well, it gets the word out there that FINRA is on social networks. It gets those in that age group familiar with FINRA, and it could very well be used to teach financial responsibility.
It’s good to see FINRA awarding grants to public library systems. And with that said, it’s great to hear that these institutions have decided to use the money where the demographic is; social networks. Think we’ll see some messages on social networking compliance? Even if it’s a best practices document or something to that extent?
