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Corporations are required to hang on to communications for N years (depending on their type of business and whether or not they are under consent decree) IMO r
by DrBenCarson 3y ago
Corporations are required to hang on to communications for N years (depending on their type of business and whether or not they are under consent decree)
IMO rules like this are why American corporations are investable. Rule of law is and must be respected.
- psunavy03 3y agoI'm no lawyer, but this is context-dependent. I have worked in companies where all emails not legally required to be retained longer were auto-deleted after 90 days, Zoom was auto-deleted after 24 hours, and getting any kind of persistent chat was an utter ass-pain, all because Legal was paranoid about liability.
- dharmab 3y agoIf the company is public, SOX requires 7 years minimum.
- Mistletoe 3y agoThis is interesting to learn. Are other countries required to do this? I’m always searching for reasons US stocks have outperformed global for quite some time now.