RE: CRIME Save a Chatlog... Go to Prison?

From: Robert D. Young (Robert@private)
Date: Wed Apr 14 2004 - 10:36:07 PDT

  • Next message: Michael Rasmussen: "Re: CRIME Save a Chatlog... Go to Prison?"

    Yeah, but when you call one of those SEC-covered companies, they always
    have a recorded message telling you "this call may be recorded." I
    assume you could deny permission once you actually talk to a human, but
    you can't really deny being aware of the recording itself...
    
    - Robert
    
    -----Original Message-----
    From: Michael Rasmussen [mailto:mikeraz@private] 
    Sent: Wednesday, April 14, 2004 10:07 AM
    To: Mike Francis
    Cc: Robert D. Young; crime@private; warren@private
    Subject: Re: CRIME Save a Chatlog... Go to Prison?
    
    On Wed, Apr 14, 2004 at 09:46:53AM -0700, Mike Francis wrote:
    > There's a pretty good column on this in SecurityFocus. If you haven't 
    > seen it:
    > http://www.securityfocus.com/columnists/233
    > 
    > It includes a discussion of the email question from the employer's 
    > perspective. And it includes some wrinkles we haven't touched on -- 
    > for example, compliance rules for broker-dealers requires the 
    > retention of audit logs. Now, there's a question of whether that's
    legal.
    
    Because the SEC rules are in effect or actuality a law the question is
    which law prevails since, at least in New Hampshire, they seem to
    conflict.  
    Certainly anyone communicating with a broker, securities dealer or
    transfer agent should be aware of the SEC rules about retaining
    transcripts of calls and emails.
    
    I would think that this point has been addressed in the past.  New
    Hampshire can't be devoid of people who invest in mutual funds or the
    general market.
    
    -- 
        Michael Rasmussen, Portland Oregon
      Be appropriate && Follow your curiosity
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