In a statement Wednesday, SEC Enforcement Director Andrew Ceresney said the legislation in its current form is not workable.
“Civil law enforcement agencies like the SEC aren’t able to obtain the search warrants that the proposed legislation would require,” he said. “Preserving access to evidence through (Internet service providers) for the SEC and other civil law enforcement agencies is critical to protect the American public from wrongdoers.”
via Bipartisan group slams U.S. SEC for resisting email privacy reform — Reuters HedgeWorld
