Writing Online, Blogging, Facebook, and Twitter Rules?

[Gmoney23]

I love writing, I would like to start a blog about the markets and finance in general.

I have my health, life, series 6, series 63, and I plan on getting my series 7 soon.

Can I post about things in the market I like, and can I post about stocks that I like if I provide a disclosure that there is no guarantees and the investments wrote about may not be suitable to you.

Also can I give financial advice or write about financial advice on a blog?

I know your not supposed to mention specific products your firm offers but as long as I dont post anything about my firm or our products I should be okay?

I'm in the state of Illinois as well.

 

[BNTRS]

Who is your B/D?

All of these questions should be directed there.

I could give you answers, but if the B/D disagrees with me, it's a moot point.

 

[xrac]

Only the compliance officer at your BD can answer these. My guess is you cannot do this.

 

[Tahoe Ray]

If you do any of these things without approval from your B/D you're more than likely going to end up in hot water. Most b/ds have guidelines for social media...some are rather liberal while others are very stringent.

Mostly, they are going to want preapproval and/or you to archive everything. Follow the posters' advice above....ask first.

 

[xrac]

I love writing, I would like to start a blog about the markets and finance in general.

I have my health, life, series 6, series 63, and I plan on getting my series 7 soon.

Can I post about things in the market I like, and can I post about stocks that I like if I provide a disclosure that there is no guarantees and the investments wrote about may not be suitable to you.

Also can I give financial advice or write about financial advice on a blog?

I know your not supposed to mention specific products your firm offers but as long as I dont post anything about my firm or our products I should be okay?

I'm in the state of Illinois as well.

On a secondary note unless you have an successful established business a lot of this type of activity is avoidance behaviour. It makes us feel like we are working and doing something other then seeing people. If you are just starting out out your first, last, and most important thing to be doing between the hours of 7a.m.-6p.m. is to be seeing people are fighting to see people.

 

[Gmoney23]

What if your independent? Is there any finra rules against this?

 

[Mattschmidt]

What if your independent? Is there any finra rules against this?

Even if your independent you have to run your business thru a B/D...Again, check with your B/D in terms of what you can post out there...There are several Social Media friendly B/D's out there

 

[xrac]

What if your independent? Is there any finra rules against this?

You can't have a security license without a BD. To have a FINRA license you have to have a broker dealer and you then answer to their compliance departments and rules.