Tue, Mar 28, 2017
A A A
Welcome Guest
Free Trial RSS
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

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He