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by benny_s
21 days ago
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At least for the financial institutions on this list, I can say they have no other choice. Regulation forces them to log everything to avoid insider trading, etc. Any communication outside of their internal systems can't be logged and is therefore a compliance risk. |
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Recording every call, message (and in my office - thing you said at your desk) is mostly used for conflict resolution - when counterparties disagree you go to the tapes and see what was said. From there my word is my bond, it is done.