Series 7 practice questioneasySocial Media and Digital Communications — Third-Party Posts
If a firm 'likes' or shares a third-party post about its services on social media, how is this treated under FINRA rules?
- AIt is not subject to any regulation
- BIt is considered adoption and is subject to the firm's communication rules✓ Correct answer
- CIt is not considered adoption or endorsement
- DIt is only considered a personal opinion
Explanation
Why B — It is considered adoption and is subject to the firm's communication rules
FINRA considers a firm's liking or sharing of third-party content as adoption, making the firm responsible for the content under its communication regulations.
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