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Phoenix666 [soylentnews.org] writes:

The Fifth Amendment right against compelled self-incrimination would be breached if two insider trading suspects were forced to turn over the passcodes of their locked mobile phones [arstechnica.com] to the Securities and Exchange Commission, a federal judge ruled Wednesday.

"We find, as the SEC is not seeking business records but Defendants' personal thought processes, Defendants may properly invoke their Fifth Amendment right," US District Judge Mark Kearney of Pennsylvania wrote.
...
In the latest case, the SEC is investigating two former Capital One data analysts who allegedly used insider information associated with their jobs to trade stocks—in this case, a $150,000 investment allegedly turned into $2.8 million. Regulators suspect the mobile devices are holding evidence of insider trading and demanded that the two turn over their passcodes.

Two words: NSA backup.

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