Fed says in touch with Bloomberg on potential client data access

Sat May 11, 2013 4:22pm EDT
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WASHINGTON May 11 (Reuters) - The Federal Reserve said on Saturday that it was seeking information from Bloomberg LP about potential access by the news agency's reporters to client data on users of the Bloomberg financial terminals at the U.S. central bank.

"We are looking into this situation and have been in touch with Bloomberg to learn more," a Fed spokeswoman said.

Bloomberg LP Chief Executive Daniel Doctoroff said the firm had made a "mistake" by giving journalists access to data on clients' terminal usage, following reports that users of the terminals were investigating potential leaks of confidential information.

Thomson Reuters , the parent of Reuters News, competes with Bloomberg.