Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Social media offers investment advisers easy interaction with investors, but SEC raises compliance conerns

Tuesday, January 10, 2012

amb
Keith Robinson
Bailey McCann, Opalesque New York

The Securities and Exchange Commission (SEC) issued two alerts at the end of last week concerning the use of social media for investors and investment advisers. The alerts are the first in what is likely to become a growing regulatory framework governing the use of social media outlets around investments.

Social media is here to stay. However, for financial professionals, social media can be a minefield of compliance concerns. Social media provides another avenue of communication between investors and investment advisers, however, rules concerning record-keeping and how those conversations should be handled have yet to be fully fleshed out.

I spoke with Keith Robinson, Partner, at New York-based law firm Dechert, LLP about how investment advisers are navigating social media.

According to the 2011 MHP Survey of hedge fund professionals, less than 1% of hedge fund managers are on Twitter. The same is true for other social media sites like Facebook. Involvement is somewhat higher - 23% - on LinkedIn, a more professionally focused website but hardly a social network in the traditional sense.

However, investors are increasingly lever......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1