Questions Of Ethics In Computer Systems And Their Future



1) Identify and discuss security issues and considerations evident for
Information Systems And computerization in the brokerage industry. ( Think
about how the Internet has already influenced trading.)
"The technology is getting ahead of regulators" claims David Weissman,
director of money and technology at Forrester Research Inc., in Cambridge, Mass.

If one is to believe the quote above it sounds very ominous for the
regulators and the government to attempt to even bring this media under any kind
of regulation. But, what is it that they the government agencies truly are
looking to regulate? If you take to the argument that this media, the Internet
is truly a public access network, ...

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to this is if you
did this through another medium such as the phone system nothing would ever come
it. The bigger question here is how much government do people want in there
lives? The Internet was brought into the picture for the public as the next
great technology of this century. It is without a doubt as big if not bigger
than any other public means of communication that has come before it. With that
in mind I think the government is trying to extract it's pound of flesh for what
they believe is missed revenue dollars that could be made in the form of tax
regulations.

"There are probably insiders touting stocks on the Internet either
anonymously or under assumed names," said Mary Schapiro, president of the
National Association of Securities Dealers, which oversees the NASDAQ market.
The argument that they are both (the government and NASDAQ) currently running
with is the "protection of the investor". When one looks at NASDAQ's complaint
it is fairly superficial, for them it ...

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trying to use the government to bully people into being afraid to use the
technology. Her second quote of "there is a tremendous amount of hype," comes
off as nothing but sour grapes and a big opportunity to use her position to
knock the Internet. If she honestly believes she's done everything to insure her
customer base that her system of doing business is any bit as less likely to
fall victim to insider trading and traders touting of stocks beyond what they
should be touted as, she is sadly mistaken. The average investor is going to use
every opportunity presented to them if they think it will give them the
advantage in investing. Just look at places like Harry's at Hanover Square, ...

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"Questions Of Ethics In Computer Systems And Their Future." Essayworld.com. April 20, 2006. Accessed October 23, 2018. http://www.essayworld.com/essays/Questions-Ethics-Computer-Systems-Their-Future/44709.
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PAPER DETAILS
Added: 4/20/2006 08:44:52 PM
Category: Computers
Type: Free Paper
Words: 2876
Pages: 11

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