This story and others also invariably contain quotes from environmental groups or anti-development activists who complain about the tradesecretprotection clause in the Texas law, but who also have expressed longtime support for a proposed federal law commonly referred to as the FRAC Act.
The modus operandi of MSSB is evident: make the protection of its tradesecret customer information enormously expensive for Fidelity, and then argue to arbitration panel(s) that the damages at stake are ininiscule.