I wrote to Flock's privacy contact to opt out of their domestic spying program

Re:I wrote to Flock's privacy contact to opt out of their do... by cwillu on Tuesday April 14, 2026 @03:48PM (#47770552)

Equivocation. My stock broker doesn't own my stocks either, they merely hold my assets in a brokerage account.

[ Parent | on HN ]

Re:I wrote to Flock's privacy contact to opt out of their do... by tptacek on Tuesday April 14, 2026 @03:49PM (#47770564)

I encourage you to present that analogy to an actual court and see how far it gets you. It's very easy to find the statutory definition of a "data broker" under California law.

This is what I mean by the fruitlessness of these kinds of legal discussions on HN. What do you want me to argue, that you're wrong to want the law to work that way?

[ Parent | on HN ]

Re:I wrote to Flock's privacy contact to opt out of their do... by gowld on Tuesday April 14, 2026 @11:32PM (#47774389)

Are you aware that not every lawyer with skin in the game shares your opinion of what a broker is?

https://www.courthousenews.com/california-drivers-accuse-flo...

[ Parent | on HN ]

Re:I wrote to Flock's privacy contact to opt out of their do... by jaredwiener on Tuesday April 14, 2026 @04:06PM (#47770766)

And you would (rightfully) be angered if your stock broker sold your shares and pocketed the proceeds, because you own them.

[ Parent | on HN ]

Re:I wrote to Flock's privacy contact to opt out of their do... by FarmerPotato on Tuesday April 14, 2026 @10:18PM (#47773897)

Technically, most stocks are registered in the name of a securities holding company, with you named as beneficial owner. That makes it frictionless for you to buy and sell. You enjoy all the rights of ownership, unless the broker lends your shares out to someone else.

You _can_ get shares registered in your name.

[ Parent | on HN ]