Series 7 practice questioneasySocial Media and Digital Communications — Personal vs. Business Use
A registered representative posts an investment tip on their personal social media account. Under FINRA rules, this post is considered:
- AInternal communication only
- BBusiness communication and subject to supervision✓ Correct answer
- CPersonal communication and not regulated
- DUnrelated to securities business
Explanation
Why B — Business communication and subject to supervision
Any communication about securities business, even on a personal account, is considered business communication and is subject to firm supervision under FINRA rules.
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