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NCLA Unleashes Lawsuit to Take Down SEC’s Illegal Mass Data Collection Machine

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Manage episode 415312938 series 2879282
Content provided by 1360 KHNC and Administrative Static. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 1360 KHNC and Administrative Static or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

NCLA launched a Complaint against the SEC challenging the agency’s unconstitutional “Consolidated Audit Trail.” The CAT is the largest government-mandated mass collection of personal financial data in American history. Without any statutory authority, SEC is forcing brokers, exchanges, clearing agencies and alternative trading systems to capture and send detailed information on every investor’s trades in U.S. markets to a centralized database, which SEC and private regulators can access forever.

Mark and Vec are joined by NCLA Senior Litigation Counsel Andrew Morris to discuss this unlawful, unprecedented seizure and mass surveillance scheme.

See omnystudio.com/listener for privacy information.

  continue reading

105 episodes

Artwork
iconShare
 
Manage episode 415312938 series 2879282
Content provided by 1360 KHNC and Administrative Static. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 1360 KHNC and Administrative Static or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

NCLA launched a Complaint against the SEC challenging the agency’s unconstitutional “Consolidated Audit Trail.” The CAT is the largest government-mandated mass collection of personal financial data in American history. Without any statutory authority, SEC is forcing brokers, exchanges, clearing agencies and alternative trading systems to capture and send detailed information on every investor’s trades in U.S. markets to a centralized database, which SEC and private regulators can access forever.

Mark and Vec are joined by NCLA Senior Litigation Counsel Andrew Morris to discuss this unlawful, unprecedented seizure and mass surveillance scheme.

See omnystudio.com/listener for privacy information.

  continue reading

105 episodes

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