Facebook allows India's SC to access user data, track insider traders
36氪
2018-04-21 14:25
本文约529字,阅读全文需要约2分钟
This is not the first time Indian regulators have scrutinized the Facebook profiles of criminal suspects, as well as their "circle of friends" information.

The Securities and Exchange Board of India (SEBI) can now access Facebook profile data to track down manipulators involved in insider trading cases.

It is reported that India's securities regulator can obtain the friend list and activity performance of the suspect's Facebook account to determine whether they are "connected" to a case of violating insider trading norms.

The Securities and Exchange Board of India is investigating cases where they have found that some corporate entities involved in insider trading were "friends" on social networking sites. The suspects, who followed each other, were so close that they even liked each other's Facebook photos.

The Securities and Exchange Board of India believes that these evidences are sufficient to prove that these "connected" businessmen are related to insider transactions.

It is worth mentioning that this is not the first time that Indian regulators have reviewed the Facebook profiles of criminal suspects, as well as their "circle of friends" information. On February 4, 2016, the Securities and Exchange Commission of India also used the same method to determine the relationship between criminal suspects through social networks.

In stark contrast to this is Apple. The FBI has asked Apple to provide appropriate technical assistance to cooperate with law enforcement officers to unlock criminals' iPhones, but this move was rejected by Apple. Apple said that they can provide relevant information to law enforcement agencies, but they will never reserve a "back door" in Apple phones.

Not only that, Tim Cook also recently expressed his views on the Cambridge Analytica data leak scandal of Facebook, saying that they will never use "user information" as a product.

36氪
作者文库