LinkedIn Compliance Program Offers SEC, FINRA Help

As Smarsh CEO Stephen Marsh noted in a recent statement, “LinkedIn is the No. 1 social media channel used and requested by financial advisors.” Smarsh, which delivers cloud-based archiving solutions, has “worked closely with LinkedIn to construct a solution that simplifies and strengthens compliance oversight, but also gives our mutual customers the freedom to connect, share ideas and discover opportunities using the world’s largest professional network,” he said.

Smarsh’s “enhanced archiving solution” in partnership with LinkedIn has already been rolled out to more than 600 existing financial services customers around the world, the company said in the statement.

Smarsh said that it captures content through a direct connection with LinkedIn APIs, which allows customers to search and supervise their organization’s LinkedIn activity, including Company Pages, Profiles, Posts and Groups.

Firms can also:

• Preserve LinkedIn content in an unalterable format that is easily producible for regulatory examinations, audits or e-discovery events; 

• Search and review LinkedIn content intelligently in a new interface designed to showcase the full conversation and context of posts, comments and messages; 

• Leverage the archiving platform’s universal search capabilities across all supported content, including email, instant messaging, mobile, and other social platforms; and 

• Manage the provisioning of archiving for each LinkedIn account with self-service administrative tools.