Messaging compliance on Wall Street at risk?

A lot of Wall Street firms rely on Reuters Messaging Compliance Manager to accommodate Sarbanes-Oxley and other regulations regarding logging and archiving of electronic communications for financial transactions. But Reuters-Thomson has been locked in an ugly licensing dispute with FaceTime Communications, whose IMAuditor is a key component of the compliance functionality. A federal district court just ruled in favor of FaceTime, ordering Reuters-Thomson to stop using the FaceTime technology on August 1. The problem is that Reuters-Thomson had previously argued that if the product was not available, "customers would be crippled in their day-to-day business operations..." FaceTime thus charged that Reuters-Thomson was putting their customers' compliance programs at risk. Reuters-Thomson, despite its court pleading, seems to be moving ahead with a product switch.  

For more:
- here's the ruling

Related Article:
Time to get your Greynet policies in order