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New SEC database violates privacy and freedom of association

The Securities and Exchange Commission is collecting personal information about the buyers and sellers of every single stock trade in the United States and is holding that information for the perusal of thousands of bureaucrats and any hacker who is able to break into the database. This database, called the Consolidated Audit Trail, collects information such as the buyer’s and seller’s address, date or year of birth, and Social Security number. This invasion of privacy affects at least 61% of people in the U.S...

October 13, 2024


Originally Published in Washington Examiner