Morgan Stanley takes aim at X accounts posting its research
This has led to at least one account getting temporarily locked
Morgan Stanley has taken legal action against at least 16 X accounts that posted screenshots of the bank's research reports and charts. The bank filed Digital Millennium Copyright Act (DMCA) complaints citing the unauthorized use of its proprietary research. One of the affected accounts, belonging to Ryan Detrick, a chief market strategist from Carson Group, was temporarily locked on September 2nd.
Detrick claims that Morgan Stanley did not reach out to him directly about the issue, which had been online since April. The bank's complaint stated that the specific content infringed on Morgan Stanley's copyrighted work. X has not yet responded to requests for comment. This incident highlights the complexities of financial social media, where users often share charts and research, leading to potential copyright issues.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 7 other outlets
- Morgan Stanley abre la puerta a la corrección en Repsol expansion.com
- These companies are growing their dividends and may see upside, Morgan Stanley says cnbc.com
- Morgan Stanley takes aim at X accounts posting its research straitstimes.com
- Cipla slips after Qilu Pembrolizumab deal; Morgan Stanley flags crowded field thehindubusinessline.com
- Morgan Stanley complains against X posts using its copyright-protected data - report seekingalpha.com
- Morgan Stanley downgrades Daimler Truck as truck cycle nears peak investing.com
- Morgan Stanley makes a buy call on tumbling retail giant stock finance.yahoo.com