The SEC still has to deal with all sorts of other issues, mostly to do with high frequency trading and its effects on the markets, along with all the issues it has to tackle with financial reform.

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But May 6 could happen again and the SEC needs to be prepared, according to James Angel, a Georgetown finance professor who has been warning about the possible negative effects high frequency trading since last year.

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The Australian research focused on the thermal effects or specific absorption rate (SAR) of radio frequency radiation - a measure of its actual effects on brain tissue, whereas the earlier study simply looked at electromagnetic radiation levels.

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In 1997 the National Research Council issued a major report on the health effects of exposure to power frequency electromagnetic fields (EMF), such as those due to electric power lines.

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Their basic concept is to use light to transmit the quantum information using interferometers, which are instruments that change the frequency of light waves, then recombine them to get particular effects.

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