Frank launches strike on UIGEA

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21 October 2009, 8:50 am
The Buzz

Frank launches strike on UIGEA

This week Rep. Barney Frank (D-MA), a longtime supporter of online gambling regulation, sent a letter to Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke urging them to delay the implentation of UIGEA regulations.

Frank's letter was supported by 18 members of the Financial Services Committee.

From Aintluck.com:

Quote:

In Frank’s letter, he begins by detailing how the UIGEA rules were officially approved on January 19th, 2009, one day before current U.S. President Barack Obama took office. Specifically, he states:

“We realize this is not a task you requested. We also believe this is an unreasonable burden on regulators and the financial services industry at a time of economic crisis, and it contradicts the stated intent of the Financial Services Committee.”
21 October 2009, 11:10 am
universal4

It's stated that there were 18 supporters from the Financial Services Committee.

How many committee members total are there?

I was just curious to know what kind of percentage that was.

Rick
Universal4
21 October 2009, 11:58 am
The Buzz

Buzzy counted 70 from this list, so give or take a few:

http://financialservices.house.gov/members.html
21 October 2009, 12:35 pm
Anthony

That's a move in the right direction. Let's see if they actually read it and listen to what Frank has to say.
22 October 2009, 11:53 pm
webber286

Good to see Frank is keeping up the fight. Maybe tying this to the economic problems today is an angle that will work. Whatever works is fine by me for this ridiculous legislation that no one read or even knew about when they voted for it.
23 November 2009, 3:48 pm
Skinski

And Congressman Brown from here at South Carolina says he will continue to oppose it...... http://www.carolinagambler.com/2009/...-to-uigea.html :pissed:
26 November 2009, 8:12 am
cameronlove4

Is UIGEA hampering our Internet Freedom

UIGEA should be repealed right now. I have found some important information on http://www.casinostoplayat.com/forum...ic.php?f=6&t=5

Have a look. You can also go through my hupage on UIGEA
UIGEA – Is it Hampering our Internet Freedom?
26 November 2009, 8:19 am
Skinski

Hope the rumours are true.....

BREAKING NEWS: UIGEA Regulations To Be Delayed Six Months - http://news.bluffmagazine.com/breaki...x-months-8337/
30 November 2009, 12:08 pm
Anthony

Very Good News!
1 December 2009, 6:17 am
cameronlove4

Quote:

Originally Posted by Skinski

Hope the rumours are true.....

BREAKING NEWS: UIGEA Regulations To Be Delayed Six Months

Thanks for the news Skinsky. I have also written a detailed hub on this delay and other ramifications.

Quote:

UIGEA Implementation Delayed by 6 months :joy:
UIGEA Regulations were supposed to be implemented on 1st December 2009. But a recent decision of US Treasury Department has deferred the implementation date. It has been decided that implementation of the UIGEA Regulations will be done on 1st June 2010.....

Have a look at UIGEA Implementation Delay, Concerns and Barney Frank