|
I do not think Barney Frank has alot of time with his position to worry about UIGEA....he is kinda busy working on many issues like the the credit crunch/crises,subprime and mortgage securities gone bad, and a potential collapse of the whole entire banking system with a potential government bailout. By the same token, not sure The Fed has time to complete a final enforceable version of the UIGEA law as originally was to occur by the first week in July 2007 iirc so there is really no final version of the UIGEA law as it stands now. May just get lost now anyway with the big economic mess on the government's plate. Yet the DOJ decided long ago and makes sure to keep mentioning that online gambling is illegal of and beyond the Wire Act. The DOJ continues to make there own rules and laws. I know as I recently discussed an ongoing 18 year old lawsuit with no end in sight that I have been involved in as a plaintiff Shareholder of a wrongfully seized Savings and Loan regarding supervisory goodwill. We won the case at the Supreme Court level in 1996 btw. More info available if anyone besides RW is interested in the on going rogue battle against the DOJ.
|