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.
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Also reported by 1 other outlet
- Morgan Stanley takes aim at X accounts posting its research straitstimes.com
