New York, NY, April 03, 2013 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Ethan Silver, Partner, Carter Ledyard & Milburn LLP will speak at the Knowledge Congress’ webcast entitled: "Emerging Issues: Social Media Guidelines for Banks and Financial Institutions Explored." This event is scheduled for July 19, 2013 from 12:00pm – 2:00pm (ET).
For further details, please visit: http://www.knowledgecongress.org/event_2013_Social_Media_Guidelines.html
About Ethan Silver
Ethan Silver is a Partner in Carter Ledyard’s Corporate Department and the Securities Practice Group. Mr. Silver’s practice focuses primarily on advising individuals and financial institution clients, specifically broker-dealers and investment advisers, on regulatory, compliance, enforcement, SEC and FINRA investigations and examination issues, and many other related issues involving federal and state securities laws and the rules of various self-regulatory organizations. Prior to going into private practice, Mr. Silver was Senior Counsel in the Division of Enforcement of the New York Stock Exchange and an Enforcement Attorney in the Bureau of Securities of the New Jersey Attorney General. He is a member of the SIFMA Compliance and Legal Division and the Business Law Division, Federal Regulation of Securities Committee of the American Bar Association. Mr. Silver received his B.A. from the University of Maryland, College Park and his J.D. from New York Law School.
About Carter Ledyard & Milburn LLP
Carter Ledyard & Milburn LLP (www.clm.com), established in 1854, has approximately 100 attorneys and has been headquartered on Wall Street since its founding. Carter Ledyard's general practice includes corporate, securities, mergers and acquisitions, broker-dealer, on-shore and off-shore hedge and other alternative investment funds, private equity, litigation, intellectual property, environmental, employment, media and technology, immigration, investment regulation, antitrust, art law, trusts and estates, maritime, ERISA, tax-exempt organizations, real estate, tax and bankruptcy. A significant part of the firm's practice involves representing overseas-based clients and their U.S. affiliates, financial institutions and other financial services providers, governmental entities and media and technology clients.
Social media has become an important game changing marketing tool for businesses across industries. Banks and financial institutions are no exemption to this growing trend. The social media explosion has compelled banks and financial institutions to interact with their social-media savvy clients and would-be customers in ways not previously possible. Recognizing the risks associated with the use of social media as a powerful and effective marketing method, the Federal Financial Institutions of Examination Council (FFIEC) recently issued a proposed guidance on social media use by banks, savings associations, credit unions and other non-bank entities supervised by the CFPB and other state regulators. FINRA and the SEC have also issued guidance on regulating how broker-dealers, investment advisers and their personnel use social media for business purposes. All of this guidance is aimed at ensuring that banks and financial institutions’ social media efforts (advertising, promotions and brand awareness) are in compliance with existing federal consumer protection and securities laws, regulations and policies, and rules of self-regulatory organizations, whilst minimizing legal, reputation and operational risks by establishing a robust risk management program.
As banks and financial institutions continuously embrace and reply upon the use of social media to promote their products and services and attract new customers, finance executives, marketing officers and compliance personnel must have a complete understanding of the FFIEC’s, the SEC’s and FINRA’s guidance and its potential impact on their businesses and customer base. In a two-hour Live webcast, a panel of thought leaders and industry experts organized by The Knowledge Group will explore the significant topics surrounding this emerging issue. They will offer substantive discussion on the following:
- Overview of the Guidance and Related Consumer Protection and Compliance Laws and Regulations
- Overview of the Guidance from FINRA and the SEC and Related Compliance Laws and Regulations
- How to Create an Appropriate Social Media Policy
- Effective Ways to Identify and Monitor Risks and
- Developing a Robust Risk Management Program
- Other Regulatory Updates
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org