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The idexing can be a little excessive I do undersatnd however I think you have to remember that a lot of industries have to keep papers on file, everything from lenders, public companies, environmental companies and the such.
Look at the SEC and what private companies have to keep on file, look at stockbrokers and what they have to keep on file. Really those files are to protect you from false accusations. A law to keep them in order is warranted.
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