Wall Street vs. Its Employees’ Privacy

An unlikely alliance of regulators and industry groups is seeking to carve out exemptions in state laws that would allow certain financial firms to sidestep bans on looking at the personal social-media accounts of employees.

Wall Street’s self-regulator, the Financial Industry Regulatory Authority, says financial firms need a way to follow up on “red flags” suggesting misuse of a personal account, according to a spokesman. Finra has asked lawmakers in about 10 states to make changes to proposed legislation, the spokesman said.

Story length: 1,069 words

Access the full story here.

Leave a Reply Cancel reply

Enter your comment here...

Fill in your details below or click an icon to log in:

Email (required) (Address never made public)

Name (required)

Website

You are commenting using your WordPress.com account. ( Log Out /  Change )

You are commenting using your Google+ account. ( Log Out /  Change )

You are commenting using your Twitter account. ( Log Out /  Change )

You are commenting using your Facebook account. ( Log Out /  Change )

w

Cancel

Connecting to %s

Notify me of new comments via email.

Notify me of new posts via email.