tagged w/ Federal Trade Commission
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What if your vendor is acquired, are there assurances in your service agreement allowing you to opt out if you choose to – if so, will all your data be deleted? What if you vendor is acquired by a company based in a foreign country? Maybe the acquiring company ceo, also a peoples republic of china communist party official, will assure you your data has been deleted. All in all – right now, using SaaS simply comes down to a judgment call, what is in the best interest of your firms operations: ease of access, work flow and cost benefits vs. associated risks…
http://information-security-resources.com/2010/02/11/afraid-of-the-cloud-ask-the-right-questions/What if your vendor is acquired, are there assurances in your service agreement... more
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A few thoughts on brokers and other middlemen requiring fees up front – usually under the guise of due diligence work that needs to be done, to better position your business plan and pro-forma, along with all the assurances and window dressings of how they will get your deal funded – these are great sales people, and most are frauds…
http://information-security-resources.com/2010/01/07/advice-on-brokers-and-up-front-fee-fraud/A few thoughts on brokers and other middlemen requiring fees up front – usually... more
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Do surviving relatives have a right to read their deceased son’s, daughter’s, husband’s or wife’s communications with other people whose lives could then subsequently be completely altered as a result? What would your email service providers do with all your messages? Who should make that decision, and when should that decision be made?Do surviving relatives have a right to read their deceased son’s,... more
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The government wants to make it a little harder for bloggers to shill products online for fun and profit.
New guidelines released by the Federal Trade Commission say bloggers must disclose any money or freebies they receive in exchange for writing product reviews, a fast-growing and loosely regulated way for companies to market everything from diapers to movies. The move is an effort to apply the same rules that already cover broadcast stations, newspapers and magazines to the Wild West marketplace of the World Wide Web.
(Schatz, A., & Bustillo, M., 2009, October 6, par.1-2)
[more details at the link....]The government wants to make it a little harder for bloggers to shill products online... more
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jmsrmy
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added this
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3 years ago
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The Bush administration has taken a dim view of Internet regulations in the form of Net neutrality rules, warning last year that they could "inefficiently skew investment, delay innovation, and diminish consumer welfare, and there is reason to believe that the kinds of broad marketplace restrictions proposed in the name of 'neutrality' would do just that, with respect to the Internet." A report from the Federal Trade Commission last year reached the same no-new-laws-needed conclusion.
Don't be surprised if the situation changes under the Obama administration. President-elect Barack Obama told CNET News during the campaign that "I will take a backseat to no one in my commitment to network neutrality."
(Full article at link)The Bush administration has taken a dim view of Internet regulations in the form of... more
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islek
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added this
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4 years ago
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The Supreme Court waded yesterday into a complicated legal debate over whether tobacco companies can be sued in state courts for deceptive advertising of "light" cigarettes, a dispute that has divided government regulators and the business community.
As the justices began their new term, they engaged in a spirited oral argument over a lawsuit filed in Maine by three smokers against Philip Morris USA and its parent company, Altria Group. Using internal company documents and supported in part by the Bush administration, which helped them argue their case, the smokers accused Philip Morris of falsely marketing low-tar and low-nicotine cigarettes as less harmful than regular brands.
The tobacco company said it should be shielded from such state law claims by federal law, a position that drew skepticism from several members of the court's liberal wing. Conservative justices seemed generally more receptive to Philip Morris's argument, with Justices Samuel A. Alito Jr. and Antonin Scalia suggesting that if consumers were misled into thinking that light cigarettes are safer, the fault is more the government's.
"The FTC's position seems to me incomprehensible," Alito told a Justice Department lawyer, referring to the Federal Trade Commission's regulation of the industry through a controversial test that measures tar and nicotine yields. Alito added: "You've created this whole problem by, I think, passively approving the placement of these figures . . . in the advertisements. And if they are misleading, then you have misled everybody who's bought those cigarettes for a long time."
Justice Anthony M. Kennedy, often the deciding vote when the court divides along ideological lines, told an attorney for the smokers that he is probably "going to have difficulty in accepting your position in this entire case."
The argument in Altria Group v. Good was the latest in a growing national debate over "preemption," a doctrine under which state product liability lawsuits against companies can be thrown out under federal law. Courts are filled with such cases, and the Supreme Court decided several last term in favor of corporations. The justices will hear another major preemption case, involving the pharmaceutical industry, in November. The Supreme Court waded yesterday into a complicated legal debate over whether tobacco... more
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Thousands of homeowners have shared horrific stories of how EMC mishandled their mortgages and in many case stole their homes. Now, EMC and its owner former financial giant Bear Stearns have agreed to pay $28 million to settle Federal Trade Commission charges of unlawful loan servicing. It's no surprise to the borrowers who've lost their homes or the former employees who came forward to expose the company's deceptive practice. Hear what they have to say.
Thousands of homeowners have shared horrific stories of how EMC mishandled their... more
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Barack Obama on Sunday rolled out a proposal to curb speculation in energy markets, a plan his advisers said would help stabilize soaring gas prices.
Obama proposed a four-step program that would, among other things, close a so-called "Enron loophole" that protects some energy futures trading from oversight by the Commodity Futures Trading Commission, his advisers said.
"I think everyone believes there's too much speculation in the oil markets, and a lot of it flows directly from that particular loophole," Gov. Jon Corzine, the New Jersey Democrat, said on a conference call hosted by the Obama campaign.
The other three components of the plan, as described by Obama economic adviser Jason Furman, are: to ensure that US energy futures cannot be traded in offshore, unregulated markets; to work toward an international regulation of oil futures markets, in cooperation with like-minded countries; and to have both the Federal Trade Commission and the Department of Justice investigate the oil markets.
Tthe McCain campaign said Obama is mimicking McCain on the gas loophole.
"The truth is Barack Obama is following John McCain's lead to close a Wall Street loophole that was signed into law by President Bill Clinton," McCain campaign spokesman Tucker Bounds said in a statement. "John McCain has supported bipartisan efforts to close this loophole and will work to address abuses in oil speculation. Barack Obama has voted the party line for Democrats who claim the loophole is fixed. The fact that Barack Obama is attacking John McCain, despite McCain's leadership on the issue, shows that Barack Obama is driven by the partisan attacks that Americans are tired of."Barack Obama on Sunday rolled out a proposal to curb speculation in energy markets, a... more
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This article shows you where the Federal Trade Commission says to go to really get a free credit report according to the Fair Credit Reporting Act. It's a LAW that they have to give you one a year - sometimes more, depending on your circumstances.This article shows you where the Federal Trade Commission says to go to really get a... more
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The Federal Trade Commission has taken new enforcement action against a mousetrapper that used over 5000 names to divert traffic to his porn site.
"An operator who used more than 5,500 copycat Web addresses to divert surfers from their intended Internet destinations to one of his sites, and held them captive while he pelted their screens with a barrage of adult-oriented ads, has agreed to settle FTC charges that he was in contempt of a court order requiring him to halt the practices. Under the new FTC order, the defendant must give up $164,000 in ill-gotten gains, conform to enhanced compliance and monitoring requirements, and transmit a copy of the new order to his probation officer."
The FTC has a history of taking action against Mouse Trapping. http://www.cybertelecom.org/security/pornscam.htm#mou.The Federal Trade Commission has taken new enforcement action against a mousetrapper... more
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