Internet service providers liable for online securities frauds?

Andrew Moshirnia at Citizen Media Law sounds the alarm about a provision of the proposed Investor Protection Act of 2009 that could punch an exception in Section 230 of the Communication Decency Act, which now generally protects ISPs from liability for actions of third-party users. An investment-fraud exception could serve (he warns) as an entering wedge for other groups to pursue similar exceptions for other types of online content.

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