In New York, 125 people waited in line for two-and-a-half hours to participate, says David Samberg, a Verizon media relations manager.

FORBES: In The Air

"If it is not on the record, AP will not attend and instead will offer our views on how the regulations should be updated in an open letter, " said Erin Madigan White, the AP's media relations manager.

WSJ: Best of the Web Today: The Anti-Mentor Responds

The IFSL recently published a detailed report on the sector highlighting how "the U.K. is getting ahead of the game, in Europe at least, in facilitating this sector" as noted by Emile Abu-Shakra, media relations manager at British bank Lloyds TSB.

CENTERFORSECURITYPOLICY: Center For Security Policy