It seeks to open a national conversation about the ability of all Americans to participate in positive action.

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The potential outcome of the dispute, the inability for investors to band together to participate in class action lawsuits, could be a disaster for small investors across the country.

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It also announced a mandatory arbitration clause, forcing users to waive their rights to participate in a class action lawsuit except under very limited circumstances.

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Want to participate in the pillow-flinging action?

BBC: Get rowdy at International Pillow Fight Day

U.S. taxpayers having undisclosed interests in foreign financial accounts and assets must consult competent professionals before deciding to participate in the SFP, the 2012 OVDP, or some other action designed to come into compliance with their filing and reporting requirements.

FORBES: New Streamlined Filing Compliance Procedures for Non-Resident U.S. Taxpayers

The mere fact that the IRS has served a John Doe summons, made a treaty request or has taken similar action does not make every member of the John Doe class or group identified in the treaty request, or other action ineligible to participate.

FORBES: Foreign Asset Reporting Update

Most of the action is in the U.S., but techies in the Cameroon and South Africa participate too.

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