FFIEC: Social Media Compliance Risk Management Guidance. Presenters: Michael J. Wallace, Esq. President CLIX MG Inc. Thomas Hardy Chief Technology Officer, CLIX MG Inc. Michael Whitbeck President RMUPI. Social Media Statistics. 93% of marketers use social media for business
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FFIEC: Social Media Compliance Risk
Michael J. Wallace, Esq.
President CLIX MG Inc.
Chief Technology Officer, CLIX MG Inc.
“A form of interactive online communication in which users can generate and share content through text, images, audio, and/or video” Examples:
Using Social Media
Not using Social Media
Companies must have a written Social Media Policy
Companies must show regulators that it is implementing the SMP
Key Feature of AcuClix
Implements your SMP and complies with FFIEC/CFPB:
Uses technology to lower your compliance costs
Affordable Monthly Pricing
$ 150.00 up to 10 Users
$ 4.00 11-50 $ 3.00 51-99
Maximum price: $ 500.00
New Year Special; Register 2/3 – 2/28; Unlimited $ 150.00 first 30 days
No contract period
Full refund within 30 days
Social Media Policy Template will be emailed to you.
Thank you very much