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techdailydose.nationaljournal.com - 10/30/2009
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Internet industry stakeholders are keeping an eye on legislation intended to provide the Securities and Exchange Commission with additional authorities to protect investors. The bill, introduced by Rep. Paul Kanjorski , D-Pa., earlier this month, could come before the House Financial Services ...
blogs.zdnet.com - 29 days ago
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blogs.zdnet.com —
Internet Service Providers cry foul when they discover
language in a bill moving through the House of...
Representatives that forces them to identify and block specific fraudulent financial sites.
(more)
House bill calls for ISPs to block some fake financial sites
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New Law Could Hold Service Providers Liable For Investor Misrepresentations
Techdirt —
... in the DMCA and the CDA, as they do what common sense should do instead: make sure that a third party is not held liable for actions of its users. Unfortunately, common sense isn't always so common, and some people have trouble understanding this concept. In fact, it appears that a new bill may go in the other direction when it comes to investor information. A proposed bill that is supposedly designed to allow the SEC to better protect investors from bad info would potentially hold service providers liable for information posted by users if the service ...
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