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Social Media Compliance

A Social Media Lawyer Explains How Facebook is Being Held Responsible for Misusing User Data

September 4, 2019
Ethan Wall

Posted in: Social Media Compliance

Facebook and third-party applications are being held responsible for the misuse of user data and non-compliance with federal social media regulations. Facebook has dug quite the hole for itself in its abuse of social media federal regulations. After the Cambridge Analytica scandal, Zuckerberg has made attempts to at least give the appearance that he is […]

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Social Media Compliance & Breaking Up with Big Tech

August 1, 2019
Ethan Wall

Posted in: Social Media Compliance

In the 1990s, tech was seen as something that would make the future brighter and help out in everyday life. There were phones the size of bricks, travel agents and very limited social media – no need for a social media lawyer or social media compliance just yet – but there was so much trust […]

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Social Media Federal Regulations, The FTC and Facebook

July 30, 2019
Ethan Wall

Posted in: Social Media Compliance

Facebook may have won its latest battle with the FTC, earning a financial slap on the wrist with a $5 billion fine and a clean slate moving forward. It can also make very few changes to their social media privacy policy and will face no repercussions for past behavior via bypassing social media federal regulations. […]

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Social Media Legal Risks – Don’t Trust the Antitrust

July 26, 2019
Ethan Wall

Posted in: Social Media Compliance

Major tech companies could be compromising the privacy of consumers and consumer demands. Facebook, Google, Amazon and Apple are facing serious accusations of antitrust behavior. Their platforms may have hurt competition and dismissed innovation for their own benefit. Social media federal regulations were reportedly sidestepped, with significant social media legal risks being taken in the […]

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Facebook’s $5 Billion Fine For Breaking Social Media Federal Regulations

July 23, 2019
Ethan Wall

Posted in: Social Media Compliance

It looks like Facebook is in trouble yet again. This time, it’s with the FTC. In its latest brush with the Federal Trade Commission, Facebook was fined $5 billion as part of a settlement – the largest penalty ever imposed on a company for violating consumers’ privacy rights. Along with the fine, Mark Zuckerberg, Facebook’s […]

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Ask a Social Media Lawyer – What do Facebook’s new advertising changes mean?

July 3, 2019
Ethan Wall

Posted in: Social Media Compliance

Ads for jobs, loans, and credit cards will now be searchable for all U.S. Facebook users as part of a legal settlement to eliminate discrimination. This follows a plan that Facebook made in March to make U.S. housing searchable by advertiser and location. Previously, ads could be delivered only to select users based on demographics […]

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Social Media Compliance for Banks – Promoting Services on Instagram

April 27, 2019
Ethan Wall

Posted in: Social Media Compliance

Let’s say you’re operating the social media accounts for your bank and want to create a promote your free checking on Instagram. This isn’t a boosted ad, just a normal post on your IG profile. This is tricky situation, because you have a feeling that you need to include a link to the terms within […]

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Social Media Legal Risks – Can you get fired for what you post on social media?

April 26, 2019
Ethan Wall

Posted in: Social Media Compliance

It was a great and long overdue vacation. You saw the sights, partied with your friends, and finally felt relaxed. Then, you head back to work recharged and ready to go only to find that you’ve been let go for the pictures you posted of your trip on your personal Facebook page. Say what?!?! Can […]

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FFIEC Social Media Guidelines and Fair Housing Act Discrimination

April 3, 2019
Ethan Wall

Posted in: Social Media Compliance

Targeted ads on Facebook have helped many businesses hone in on specific markets and design their advertisements to speak to only those audiences. This tool makes it easier for businesses to reach people who are more likely to use their products or services; however, when it comes to banking and housing, there’s a fine line […]

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Following the FFIEC Social Media Guidelines for Banks and Credit Unions

March 29, 2019
Ethan Wall

Posted in: Social Media Compliance

We tried to warn you. Last year, when Facebook announced that it was allowing banks to target people based on their demographics when promoting credit products, real estate, or employment-related posts, we predicted that this practice would violate the Equal Credit Opportunity Act. Now, as part of a legal settlement, Facebook is changing its advertising […]

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