This involves shininglightthrough a patterned mask and on to the surface of a chip, so as to change the chemical properties of the exposed parts of that chip.
Andrew Scott, prosecuting, told the court how a female student had completed an eight-minute session in a cubicle at the salon and was getting dressed when she spotted the red light of Graves' camcorder shiningthrough a gap in the wall.
But reforms should be aimed at shining a light on this dark corner of the financial markets through better disclosure, not banning or invalidating the instruments.