The Attorney general of New York is investigating Bloomberg LP over the access it gave its reporters to information on its terminals. Earlier this year it was revealed that reporters at the company had access to some of the data related to Bloomberg Terminal customers, and that they used that data while reporting stories about those customers.
The company has since tasked a pair of executives with reviewing the company’s practices/
The Wall Street Journal‘s Katy Burne explains:
Officials in the New York Attorney General’s investor protection unit in recent weeks have queried Bloomberg about reporters’ knowledge of terminal subscribers’ activities, said the people. The Attorney General’s office has not opened a formal investigation into the Bloomberg practices, said one of the people familiar with the probe.