When promoting products and services on social media, remember that your institution’s posts must abide by the same federal rules as other forms of advertising. While several agencies have a hand in the rules, a few regulations are at the forefront: Regulations B, DD and Z as well as the Gramm-Leach-Bliley Act. This week we cast our focus on Regs B and DD.
- Reg B—prohibits discrimination against certain credit applicants. Images and statements should be carefully scrutinized to avoid potentially discouraging…