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54 Fed. Comm. L.J. 365 (2001-2002)
Indecent Exposures in an Electronic Regime

handle is hein.journals/fedcom54 and id is 385 raw text is: Indecent Exposures in an Electronic Regime Natalie L. Regoli* I. INTRODUCTION .......................................................................... 366 II. THE NEW FRONTIER OF WOE ..................................................... 367 I. LAW IN AN ELECTRONIC REGIME ............................................... 368 A. Failed Avenues ................................................................... 368 1. The Market Approach ................................................... 368 2. The Agency Approach .................................................. 370 B. Qualified Legislative Success ................ I ............................. 372 1. Multinational Consensus ............................................... 373 2. Lessons Learned ........................................................... 374 C. Making Legislation Work ................................................... 376 1. Proposing New Legislation: The Federal Umbrella Statute .......................................................................... 376 a. State Responsibilities ............................................... 378 b. Federal Supervision ................................................ 381 2. System Implications ...................................................... 382 a. Users Would Be More Protected ............................. 382 b. Industry Would Benefit from Tested Fundamentals and Clear Cost-Benefit Analysis .............................. 383 c. Federal and State Governments Would Benefit ........ 384 IV. CONCLUSION ............................................................................. 384 * B.A., The University of Washington, 1996; Candidate for J.D., The University of Texas School of Law, 2002. I would like to thank Professor Stuart M. Benjamin for his thoughtful comments on an earlier draft of this essay.