Wall Street Traders Are Being Ordered to Hand Over their Personal Phones for Examination by the Firm’s Lawyers: How Is This Legal?

Wall Street Traders Are Being Ordered to Hand Over their Personal Phones for Examination by the Firm’s Lawyers: How Is This Legal?

SGT Report - 2022-05-25 - Original post - Cached copy

by Pam Martens and Russ Martens, Wall St On Parade: Last Wednesday Bloomberg News reported, without citing a source, that the Securities and Exchange Commission was “forcing Wall Street banks to embark on a systematic search through more than 100 personal mobile phones carried by top traders and dealmakers….” But according to Bloomberg’s report, SEC lawyers […]

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