Original: FINRA, Regulatory Notice 07-59, Supervision of Electronic Communications, December 2007 Changes to Federal Rules of Civil Procedure, effective December 1, 2006, created a new category for electronic records which may be requested during discovery in legal proceedings.
Simplified: Recent changes to Federal Rules of Civil Procedure, effective December 1, 2006, create a new category for electronic records which may be requested during discovery (law) in legal proceedings.