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Full-Text Articles in Law
Internet Gambling: Popular, Inexorable, And (Eventually) Legal, Tom Bell
Internet Gambling: Popular, Inexorable, And (Eventually) Legal, Tom Bell
Tom W. Bell
This paper describes the powerful demand for Internet gambling, analyzes the forces arrayed against it, and argues against its prohibition. Attempts to outlaw Internet gambling will inevitably fail. The very architecture of the Internet will frustrate prohibitionists, while consumer demand for Internet gambling and the states' demand for tax revenue will create enormous political pressures for legalization.
Derivatives Regulation In The Context Of The Shingle Theory, Allen Madison
Derivatives Regulation In The Context Of The Shingle Theory, Allen Madison
Allen Madison
This article discusses the regulation of derivative financial instruments. It notes that the government has neither come to a conclusion as to the necessity of regulation nor which agency would have jurisdiction. It also suggests that one tool that regulators could use as an enforcement tool is the "shingle" theory. Next, it provides history and analysis of this theory. Finally, it examines the current state of affairs regarding regulation of derivatives.