At 08:55 AM 10/8/97 -0700, Tim May wrote:
Well, any company giving stock advice (and governed by SEC rules on stock tips, etc.) is already require to have all outgoing mail approved (e-mail and snail), so does it matter if they record it or not?
Could you give me some cites for this rule?
My own stock broker seems to be sending me stuff on the spur of the moment, so unless he has a government agent sitting in his office approving these notes he sends me, there is no "outgoing mail approved (e-mail and snail)" situation.
I believe I read that in Infoworld or ComputerWorld (within the last month, maybe 2) The rules that the SEC had for snail mail (for brokers/traders I believe), in that all mail had to be approved by someone in the company now apply to e-mail. I don't save my copies of Infoworld or Computeworld anymore (too much paper) so I can't look it up easily for you.
(They can try to get a warrant if they think I've violated the insider trading or other securities laws. But no "approval" is needed, nor of course is any escrow of keys required.)
Oh, I see where I was a bit unclear in my original statement. This rule only applies to the brokerage firms (I think I've got the right terms there, if not, the general idea should be clear)
(When I was Intel, we didn't have crypto. But if we did, the real concern would be encryption of lab notebooks, documents on disk, etc., not my communications with outsiders. These are the files which would vanish were I to be hit by a truck. As we have discussed many times, how does escrowing the _channel_ key (Alice sending to Bob) solve the "hit by a truck" problem?)
What, you don't encrypt your lab book to yourself (and sign it) with your public key? Easier than remembering another symmetric key, and allows you to keep a the recovery key in use. ----------------------------------------------------------------------- Ryan Anderson - <Pug Majere> "Who knows, even the horse might sing" Wayne State University - CULMA "May you live in interesting times.." randerso@ece.eng.wayne.edu PGP Fingerprint - 7E 8E C6 54 96 AC D9 57 E4 F8 AE 9C 10 7E 78 C9 -----------------------------------------------------------------------