internet
Disadvantages of Internet Technology -------------------------------------------------------------------------------- The growth of Internet technology gives us a glimpse of paradigms that are shifting in the capital markets for small ventures previously overlooked and under-served by traditional markets. ... With the growth of Internet activity by non-traditional concerns, this breakdown of function may result in additional risk for investors. ... The Internet gives unprecedented information opportunities to the public on an instantaneous and inter-linked basis. ... The Internet provides no guarantee of information accuracy, which is critical to sound investment decisions. ... The SEC needs to develop coordination and control mechanisms to deal with Internet transactions. ... Statutory obsolescence becomes a reality with the global nature of the Internet and its increased use for securities transfer. If our projections are correct, the sheer size and magnitude of securities offerings on the Internet will render it impossible to regulate effectively in a global environment.