Morgan Stanley email actions under scrutiny

Proper email retention and storage is a must these days, thanks to new compliance rules and regulations, and companies who don't follow the letter of the law could find themselves in hot water. That's exactly what happened to Morgan Stanley--allegations claim that it lied about lost emails and didn't provide email evidence in litigation matters as it was mandated to do. The National Association of Securities Dealers (NASD) claims that not only did Morgan Stanley lie about email loss, it actually had backups but then deleted valuable emails it should have kept.

For more on the email allegations:
- read the article at Computerworld