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FaceTime to Add Compliance to Bloomberg IM System

FaceTime Communications is rolling out its IM Auditor regulatory compliance system to Bloomberg’s Instant Bloomberg messaging facility. IM Auditor will ensure that messages passed through the Bloomberg system are compliant with regulations for capturing, archiving and reporting electronic messages, as laid out by the U.S. Securities and Exchange Commission and self-regulatory organizations the New York Stock Exchange and the National Association of Securities Dealers. With Reuters already using FaceTime in its Reuters IM system, the deal represents a case of Bloomberg playing catch-up for once.

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