Re: PGP and Compliance with SEC and Liability Rules

Tim May quoted from macweek:

"The Gartner Group's Wheatman pointed out that PGP Policy Management Agent allows corporatins for the first time to centralize control over encryption: "For encryption to be accepted, IT had to gain control. This isn't Big Brother; this is necessary to comply with liability laws and SEC regulations.""

However, this doesn't seem to work, unless I'm mistaken about CMR enforcement and the SEC regulations. CMR will only allow the snoops to read incoming email, not outgoing, and hence if Joe Blow at Foo-Bah.com wants to send me some handy insider trading tips CMR will not stop them. So this seems to be another justification for CMR which just doesn't make sense. Mark