Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Daily Archives: July 8, 2008

National Center on Addiction and Substance Abuse Report on Internet Activity Related to Controlled Prescription Drugs

News release: “Despite a decline in the number of Web sites advertising or selling controlled prescription drugs, like OxyContin and Valium, Xanax and Vicodin, and Ritalin and Adderall, in the past year, 85 percent of Web sites selling such drugs do not require a prescription, according to You’ve Got Drugs! V: Prescription Drug Pushers on the Internet, the fifth annual White Paper on this subject released by The National Center on Addiction and Substance Abuse (CASA) at Columbia University.”

SEC Examinations Find Shortcomings in Credit Rating Agencies' Practices and Disclosure to Investors

News release: “The Securities and Exchange Commission today released findings from extensive 10-month examinations of three major credit rating agencies that uncovered significant weaknesses in ratings practices and the need for remedial action by the firms to provide meaningful ratings and the necessary levels of disclosure to investors. Under new statutory authority from Congress that… Continue Reading

G8 Leaders Statement on Counter-Terrorism

G8 Leaders Statement on Counter-Terrorism released by the White House: “We, the leaders of the G8, condemn in the strongest terms all acts of terrorism, and commit ourselves to take every possible measure to counter this threat to the international community. We have taken cooperative actions against terrorism, particularly in successive G8 Summits since 2001,… Continue Reading

HealthMap Global Disease Alert Map

“HealthMap brings together disparate data sources to achieve a unified and comprehensive view of the current global state of infectious diseases and their effect on human and animal health. This freely available Web site integrates outbreak data of varying reliability, ranging from news sources (such as Google News) to curated personal accounts (such as ProMED)… Continue Reading

Report: ISP, Ad Networking Scheme May Violate Federal and State Wiretap Laws

News release: “The Center for Democracy and Technology (CDT) today released an analysis questioning the legal standing of a new approach to online advertising being considered by Internet Service Providers and Internet advertising networks. Under the new scheme, an ISP allows an advertising network to copy the contents of the individual Web traffic streams of… Continue Reading

New GAO Report Reveals Agencies are Not Complying with Requirements to Preserve E-mails

Committee on Oversight: “Rep. Henry A. Waxman, Rep. Wm. Lacy Clay, and Rep. Paul W. Hodes released a new GAO report that finds that senior federal officials are failing to comply with requirements to preserve e-mail records. On Wednesday, the House is expected to consider legislation (H.R. 5811) to modernize the Federal Records Act and… Continue Reading

National War Powers Commission Report Released

News release: “The Miller Center’s National War Powers Commission, co-chaired by former Secretaries of State James A. Baker, III and Warren Christopher, today recommended that Congress repeal the War Powers Resolution of 1973 and substitute a new statute that would provide for more meaningful consultation between the president and Congress on matters of war. In… Continue Reading

Fact Sheet: Designation of Iranian Entities and Individuals for Proliferation Activities

State Department Fact Sheet, July 8, 2008: “The U.S. Government is taking actions today to further U.S. efforts to counter Iran’s pursuit of technology that could enable it to develop nuclear weapons and the missiles capable of delivering them. Today, the Departments of State and Treasury designated under Executive Order 13382 six Iranian individuals and… Continue Reading

‘Red Flag’ Regulations Require Financial Institutions and Creditors to Have Identity Theft Prevention Programs

Federal Trade Commission: “Financial institutions and creditors are now required to develop and implement written identity theft prevention programs under the new Red Flags Rules. The Red Flags Rules are part of the Fair and Accurate Credit Transactions (FACT) Act of 2003. Under these Rules, financial institutions and creditors with covered accounts must have identity… Continue Reading

Agencies Issue Statement on Basel II Advanced Approaches Qualification Process

News release: “The federal banking and thrift agencies today issued an interagency statement outlining the qualification process for banking organizations implementing the new advanced capital adequacy framework known as Basel II. The process consists of three major stages: adoption of an implementation plan; completion of a satisfactory parallel run; and advancement through three transitional periods.… Continue Reading

New GAO Reports: Funding to States to Improve Criminal Records, Afghanistan Reconstruction

Army Working Capital Fund: Actions Needed to Reduce Carryover at Army Depots, GAO-08-714, July 08, 2008 Bureau of Justice Statistics Funding to States to Improve Criminal Records, GAO-08-898R, July 08, 2008 Federal Records: National Archives and Selected Agencies Need to Strengthen E-Mail Management, GAO-08-742, June 13, 2008 Department of Energy: New Loan Guarantee Program Should… Continue Reading