Some of the companies I've worked that let me do the most with my machine were also the strictest about "real" work and data remaining off of personal machines in favor of remote (and non-admin) access to shared resources.
Assuming that developers can never be privacy, confidentiality, or other sorts of information security/compliance risks is silly.
I think a much better question would be "how are information security and privacy controls implemented" so you know if it meshes with how you want to work and what you think is appropriate for the sorts of data involved. Super-draconian policies for trivial data would be frustrating - but super-lax ones for sensitive customer personal information would be its own different red flag.