Are you providing clients with published information about investing that you didn’t actually write? Then watch out. FINRA has just released a regulatory notice warning member firms of their obligation to supervise representative use of ghostwritten material.
According to FINRA, this use must comply with Rule 2210, which prohibits false, misleading, or exaggerated public communications. Materials must also comply with the principles of fair dealing and good faith. FINRA is concerned that using ghostwritten content violates basic standards of public communications.