Google CEO: “can we change the setting of this group to history-off” [pdf]

Post by hgsgm » Sun, Apr 16, 2023, 3:00 AM UTC

master_crab wrote: post #131

steveBK123 wrote: post #71

Earlier quoted context omitted.

Yeah, FAANG gang has no idea the level of surveillance and record keeping that bank/fund/wall st tech is under. I worked at one shop that if you said "call my cell" in a slack to someone, you'd get a call from compliance within days ask to explain why you did this, what the conversation was about, why it wasn't on a work phone.. and to never, ever, ever do it again... because you know we are watching, so we will find…

No. You are allowed to communicate by voice and it isn’t recorded and compliance will allow it. However it depends what you are doing. If you are trading, it better be on a recorded line. See FINRA Regulatory Notice 20-16 for reference. In fact, many Zoom conversations are expressly forbidden from being recorded at many financial firms. Again, that’s because no one is using zoom to make trades so there isn’t a requir…

Post by hgsgm » Sun, Apr 16, 2023, 3:03 AM UTC

steveBK123 wrote: post #80

grepfru_it wrote: post #75

Earlier quoted context omitted.

Every bank I’ve worked at issued a company cell phone. To be pedantic if you say call my personal cell, then compliance will be on you like flies on poop

I said something like "call my cell at __" and put my personal cell number, but didn't say "personal". Which gives you an idea of the level of monitoring they are doing to tie that together probably automatically given how quickly I was called. And this was almost 10 years ago. I'm also old enough to recall the little background hum & beep the bank landlines used to make when you were on a recorded line.

Post by macintux » Sun, Apr 16, 2023, 3:05 AM UTC

hackernewds wrote: post #40

dataflow wrote: post #23

Earlier quoted context omitted.

It does record "history" - if it didn't, the recipient would see it appear and then immediately vanish in the next refresh of the screen, which is not the case. The thing is, it only keeps the history for a short period of time (hours/days). That's not the same thing as an unrecorded call, which isn't recorded for any period at all.

That is understood. However the medium begets a conversation around how most communication isn't recorded anyways, in this example if it were a phone call.

Post by master_crab » Sun, Apr 16, 2023, 3:06 AM UTC

hgsgm wrote: post #141

master_crab wrote: post #131

Earlier quoted context omitted.

No. You are allowed to communicate by voice and it isn’t recorded and compliance will allow it. However it depends what you are doing. If you are trading, it better be on a recorded line. See FINRA Regulatory Notice 20-16 for reference. In fact, many Zoom conversations are expressly forbidden from being recorded at many financial firms. Again, that’s because no one is using zoom to make trades so there isn’t a requir…

That makes no sense. Why is trading via Zoom impossible, voice maybe, and text mandatory?

Post by shadowgovt » Sun, Apr 16, 2023, 3:09 AM UTC

seanmcdirmid wrote: post #140

shadowgovt wrote: post #123

Earlier quoted context omitted.

And it wouldn't take too many law changes to put FAANG under similar scrutiny. Seems like it might be time.

It would be difficult just to target FAANGs. If the law changed to include them, it would probably include everyone else as well. They aren't in any activity that is regulated by a special agency like banks/traders are.