Financial Regulators Propose Guidance on Social Media


Federal Reserve Bank of San Francisco

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January 31, 2013

On January 22, 2013, the Federal Financial Institution Examination Council (FFIEC) released proposed guidance on the applicability of consumer protection and compliance laws, regulations, and policies to activities conducted via social media by banks, savings associations, and credit unions, as well as nonbank entities supervised by the Consumer Financial Protection Bureau and state regulators.