The Financial Industry Regulatory Authority, Inc. recently sent a letter to an undisclosed number of firms inquiring into these firms’ use of social me-dia (“Target Letter”). The Target Letter requested that the firms provide, among other information, the following: (a) an explanation how the firm is currently using social media in the conduct of its business; (b) the portion of the firm’s written su-pervisory procedures concerning social media communications; and (c) an explanation of how the firm is monitoring for social media compli-ance. A copy of the Target Letter is available here.