Wednesday, February 29, 2012

FBI monitoring social media

FBI Searches Social Media for Insider Trading
In January, the FBI put out a request for proposals to firms that could develop a system to monitor social networks as a way of predicting and analyzing crime. And, as we reported yesterday, the Department of Homeland Security is monitoring an extensive list of keywords used online and marking them as "items of interest."

But this is the first time a law enforcement agency has said it is also monitoring social media for evidence of securities fraud.