InfoAnda - Morgan Stanley allows broker use of social media |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

India, Pakistan fail to make progress on glacier | | 31 May 2011
Matthiessen wins National Book Award fiction prize | 19 November 2008
Meryl Streep wins SAG best actress award | Entertainment | | 26 January 2009

2 drown in river during Hindu festival in India | 14 April 2010

Forum Views () Forum Replies ()

Read more with google mobile : Morgan Stanley allows broker use of social media |

Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read At least three killed by tornadoes in Arkansas 9:14am EDT Elizabeth Smart kidnapper could face life in prison 8:48am EDT HTC CEO says Windows Mango phones in development 8:43am EDT Netanyahu Congress speech raises few hopes 5:49am EDT Warning: Walking on a Florida street may be dangerous 4:26am EDT Discussed 327 Obama and Netanyahu face tense meeting on Mideast 126 As hours tick by, ”Judgment Day” looks a dud 105 Broadcaster silent as Judgment Day hours tick by Watched Scientists revive ancient spider in stunning 3D detail Tue, May 24 2011 Deadly Missouri tornado captured on video Mon, May 23 2011 Funnel cloud touches down in Oklahoma 4:31am EDT Morgan Stanley allows broker use of social media Tweet Share this By Joseph A. Giannone NEW YORK (Reuters) - Wall Street banks clamor to underwrite stock for social media companies like LinkedIn and Twitter, but the online networking sites are largely off limits to the banks' financial advisers. Now, the... Email Print Related News Social phenom Zynga on cusp of mega IPO: report 9:13am EDT Search engine Yandex up 55 percent on debut Tue, May 24 2011 Yandex lifts IPO price in Internet frenzy Mon, May 23 2011 Foursquare, LivingSocial eye local ad dollars Fri, May 20 2011 LinkedIn share price more than doubles in NYSE debut Thu, May 19 2011 Analysis & Opinion Internet bubble brings back dubious metrics Bebo founder working on a “little social network” Related Topics Technology » Personal Finance » Media » The entrance to the Morgan Stanley headquarters is seen in New York, May 12, 2010. Credit: Reuters/Shannon Stapleton By Joseph A. Giannone NEW YORK | Wed May 25, 2011 10:55am EDT NEW YORK (Reuters) - Wall Street banks clamor to underwrite stock for social media companies like LinkedIn and Twitter, but the online networking sites are largely off limits to the banks' financial advisers. Now, the country's largest retail brokerage, Morgan Stanley Smith Barney, has become the first major wealth manager to allow its brokers partial use of Twitter. And it is the latest wealth adviser to permit the use of LinkedIn, the professional networking site that went public last week. The change will start slowly next month with a test group of 600 Morgan Stanley Smith Barney advisers, according to an internal memo obtained by Reuters. Within six months, the program will be expanded to the firm's entire force of 17,800 advisers. "The emergence of social media has changed the way in which people communicate with each other and companies interact with clients," Morgan Stanley Smith Barney U.S. wealth management boss Andy Saperstein said in the memo. Communications by brokers, whether to clients or to the broader public, is closely monitored by regulators guarding against investment scams or misleading advice. Old-fashioned media like recording of telephone calls and emails are retained, archived and screened. Yet brokerage firms grew anxious as hundreds of millions of people -- including their customers -- embraced Twitter, LinkedIn and Facebook as their preferred way of communicating with friends and getting information. The Financial Industry Regulatory Authority last year established rules for social media use, but Wall Street has been slow to let brokers participate. To comply with regulatory requirements, Morgan Stanley Smith Barney will install technology to capture and retain all communication on approved social networking sites, according to the memo. Brokers will be allowed to distribute research and content, such as status updates and tweets, but only those approved in advance by the firm. The test group includes Morgan Stanley Smith Barney's elite "Chairman's Club" brokers and about 100 advisers who have been testing use of LinkedIn. The retail brokerage is a joint venture of Morgan Stanley and Citigroup Inc. A Morgan Stanley spokesman said advisers will be permitted to use interactive features of LinkedIn but will not be allowed to "recommend" themselves or other financial advisers. They also cannot be recommended by others because of regulatory restraints on the use of testimonials. Tweets on Twitter and status updates on LinkedIn initially must be approved by the firm, such as official company views on market outlook or specific events, the spokesman said. Other wealth managers have been wading in to the social media waters. Bank of America Corp's Merrill Lynch, Wells Fargo Advisors and UBS Wealth Management Americas permit advisers to maintain LinkedIn profiles displaying contact details and biographical information, but they do not allow links to other profiles. LinkedIn allows users to create profile pages with a photo and details about themselves. It is used largely for professional rather than social interaction. At the end of March, LinkedIn had 102 million registered members LinkedIn Corp's red-hot initial public offering last week was led by Morgan Stanley, Bank of America Merrill Lynch and JPMorgan Chase & Co. (Reporting by Joseph A. Giannone; additional reporting by Helen Kearney; editing by John Wallace) Technology Personal Finance Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 25 May 2011
Pakistan returns U.S. helicopter from bin Laden raid |
New data suggests military aspect to Iran's nuclear work: IAEA |
Mubarak to be tried for murder of protesters |
Sudan's Bashir says Abyei belongs to north |
New entrepreneurs on the rise in socialist Cuba |
Exclusive: SEC wasted $1 million on data storage, watchdog says |
TiVo results jump thanks to legal settlement |
Videoconference firms eye Iceland ash cloud boost |
Men still behaving badly in Hangover Part II |
Anti-Americanism rife in Pakistan army institution: Wikileaks |
North Korea leader's train arrives in Chinese capital |
Two German airports shut as volcanic cloud drifts |
Iraqi forces eye readiness ahead of U.S. pullout |
Zuma plans Libya trip to discuss Gaddafi exit: radio |
Car bomb destroys police station in Pakistan, 2 dead |
Greece considers referendum on austerity: reports |
U.S. sanctions Venezuelan oil giant for Iran trade |
Nokia to launch its first Window phone late this year: media |
Google to unveil mobile payments Thursday: source |
Analysis: Sony Ericsson needs Sony firepower for Android war |
China urges greater attention to safety at iPad factory blast |
U.S. smart grid to cost billions, save trillions |
Lauren is Idol frontrunner despite vocal troubles |
Hines Ward scores Dancing With the Stars win |
Yemenis flee sporadic gunbattles in capital |
Thousands flee Sudan's Abyei as militias move south |
Abbas says Netanyahu offers no hope for peace |
West wants Syria case sent to U.N. council: diplomats |
Putin is saint and saviour for Russian cult |
Thaksin's sister shakes up tense Thai election |
South Korea probes second report of U.S. army chemical dumping |
French minister in sex harassment case |
Social phenom Zynga on cusp of mega IPO: report |
Skype founder sees upside for Microsoft after deal |
Microsoft's mobile software gets HTC, ZTE lift |
Morgan Stanley allows broker use of social media |
BofA, JPMorgan, Wells form JV for online banking services |
Yandex has international ambitions |
Scientists ask Britons to help map Grimsvotn ash |
HTC CEO says Windows Mango phones in development |
Oprah Winfrey bows out with simplicity, gratitude |
A Minute With: Kara DioGuardi about her return to TV |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01