Social Media: Consumer Compliance Risk Management Guidance

Citation
Federal Financial Institutions Examination Council (FFIEC), Social Media: Consumer Compliance Risk Management Guidance, 78 Fed. Reg. 4848 (Jan. 23, 2013) (full-text).

Overview
The FFIEC is proposing guidance to address the applicability of federal consumer protection and compliance laws, regulations, and policies to activities conducted via social media by banks, savings associations, and credit unions, as well as by non-bank entities supervised by the Consumer Financial Protection Bureau (CFPB) (collectively, "financial institutions").