The now-antiquated legislation made scant reference to the Internet and handed down different rules for technologies based on whether they were called "information" or "communications" services.

FORBES

For both financial services companies and for regulators, the takeaway in such a market can only be heightened disclosure based on communications policies that fully articulate risk as well as credibly provide safer alternatives.

FORBES: A Dubious Dodd-Frank Milestone: MF Global Takes Us Right Back Where We Started