Open-Government Laws Fuel Hedge-Fund Profits
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Open-Government Laws Fuel Hedge-Fund Profits
 
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Hey,
One of my "finance" friends sent me this interesting story about how hedge-funds are using FOI/ATI requests to get better intel about prospects investments http://online.wsj.com/article/SB10001424127887324202304579053033444112314.html?mod=WSJ_hpp_LEFTTopStories The question that comes to my mind is: can this kind of trend either "kill" the FOI process or just trigger more release/openess in gov records? Stéphane _______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss |
Re: Open-Government Laws Fuel Hedge-Fund Profits
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Hi Stephane,
I saw that piece as well and wrote this blog post about it that has been getting a lot of traffic today: http://eaves.ca/2013/09/25/why-journalists-should-support-putting-access-to-information-requests-online-immediately/ I think it is important to recognize that there are many users of FOIA/ATIP, not just journalists and we need to think about what processes maximize the public good. There are many reporters in BC (and others in Canada) that have advocated for rules (keeping responses private for between 7-30 days) that I think think would make the cases raised in the WSJ story far, far worse. David Eaves @daeaves www.eaves.ca On 2013-09-25, at 11:22 AM, Stéphane Guidoin <[hidden email]> wrote: > Hey, > > One of my "finance" friends sent me this interesting story about how hedge-funds are using FOI/ATI requests to get better intel about prospects investments > > http://online.wsj.com/article/SB10001424127887324202304579053033444112314.html?mod=WSJ_hpp_LEFTTopStories > > The question that comes to my mind is: can this kind of trend either "kill" the FOI process or just trigger more release/openess in gov records? > > Stéphane > _______________________________________________ > CivicAccess-discuss mailing list > [hidden email] > http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss _______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss |
Re: Open-Government Laws Fuel Hedge-Fund Profits
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Ah! I did not look at my feed reader
for several days so I missed your piece.
I see two points here: - If the trend continues (e.g more and more people sending FOI), it will become completely unmanageable for govs to keep up with the volume. Open data/proactive disclosure is an obvious way out. I guess that big FOI requester probably often ask for the same type of docs. So when read a story like this one, I am hesitant between fear and hope. - The case for keeping the response private: This WSJ shows how dangerous it would be. To continue on that: I had the opportunity to hear last week both Suzanne Legault, information commissioner of Canada and Ann Cavoukian, information and privacy commissioner of Ontario. Both raised the point that they see a sharp increase of FOI request coming from _citizens_. I still wonder how they define when it comes from citizens, but I think this is another trend that is interesting and that should be leveraged to push for less restricting FOI laws. Steph Le 2013-09-25 14:27, David Eaves a écrit : Hi Stephane, I saw that piece as well and wrote this blog post about it that has been getting a lot of traffic today: http://eaves.ca/2013/09/25/why-journalists-should-support-putting-access-to-information-requests-online-immediately/ I think it is important to recognize that there are many users of FOIA/ATIP, not just journalists and we need to think about what processes maximize the public good. There are many reporters in BC (and others in Canada) that have advocated for rules (keeping responses private for between 7-30 days) that I think think would make the cases raised in the WSJ story far, far worse. David Eaves @daeaves www.eaves.ca On 2013-09-25, at 11:22 AM, Stéphane Guidoin [hidden email] wrote:Hey, One of my "finance" friends sent me this interesting story about how hedge-funds are using FOI/ATI requests to get better intel about prospects investments http://online.wsj.com/article/SB10001424127887324202304579053033444112314.html?mod=WSJ_hpp_LEFTTopStories The question that comes to my mind is: can this kind of trend either "kill" the FOI process or just trigger more release/openess in gov records? Stéphane _______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss_______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss _______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss |
Re: Open-Government Laws Fuel Hedge-Fund Profits
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Yes, I've also written on this. My number in this post are, I believe wrong, and the image is broken as I'm moving my blog but on the likely rise in ATIP/FOIA requests I agree, we could run into problem soon.
On 2013-09-25, at 11:52 AM, Stéphane Guidoin <[hidden email]> wrote:
_______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss |
Re: Open-Government Laws Fuel Hedge-Fund Profits
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In reply to this post by Stéphane Guidoin
Sorry for the third message, but realize that this is probably a good time to mention that I'm giving the keynote at the Privacy and Access 20/20 Conference (put on by the Access to Information commissioners) on October 11 in Vancouver and will be talking about these very issues.
The conference might be of interest to those who are or can make it to Vancouver. On 2013-09-25, at 11:52 AM, Stéphane Guidoin <[hidden email]> wrote:
_______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss |
Re: Open-Government Laws Fuel Hedge-Fund Profits
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In reply to this post by David Eaves
Yes, and I blogged about this rather some time ago... :)
http://gurstein.wordpress.com/2010/09/02/open-data-empowering-the-empowered- or-effective-data-use-for-everyone/ M -----Original Message----- From: [hidden email] [mailto:[hidden email]] On Behalf Of David Eaves Sent: Wednesday, September 25, 2013 11:28 AM To: civicaccess discuss Subject: Re: [CivicAccess-discuss] Open-Government Laws Fuel Hedge-Fund Profits Hi Stephane, I saw that piece as well and wrote this blog post about it that has been getting a lot of traffic today: http://eaves.ca/2013/09/25/why-journalists-should-support-putting-access-to- information-requests-online-immediately/ I think it is important to recognize that there are many users of FOIA/ATIP, not just journalists and we need to think about what processes maximize the public good. There are many reporters in BC (and others in Canada) that have advocated for rules (keeping responses private for between 7-30 days) that I think think would make the cases raised in the WSJ story far, far worse. David Eaves @daeaves www.eaves.ca On 2013-09-25, at 11:22 AM, Stéphane Guidoin <[hidden email]> wrote: > Hey, > > One of my "finance" friends sent me this interesting story about how hedge-funds are using FOI/ATI requests to get better intel about prospects investments > > http://online.wsj.com/article/SB10001424127887324202304579053033444112314.ht ml?mod=WSJ_hpp_LEFTTopStories > > The question that comes to my mind is: can this kind of trend either "kill" the FOI process or just trigger more release/openess in gov records? > > Stéphane > _______________________________________________ > CivicAccess-discuss mailing list > [hidden email] > http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss _______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss _______________________________________________ CivicAccess-discuss mailing list [hidden email] http://lists.pwd.ca/mailman/listinfo/civicaccess-discuss |
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