January 6, 1997
TO: ADVERTISING SUBCOMMITTEE No. 2-97
SEC RULES COMMITTEE No. 1-97
RE: ARTICLE ON SECURITIES LAW DEVELOPMENTS IN CYBERSPACE
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Attached is a reprint of a recent article by the undersigned published in The Business
Lawyer that reviews recent regulatory developments (both federal and state) in the area of
electronic communications and securities law. The article also surveys the growing use of the
Internet by market participants and discusses several emerging federal and state securities law
issues.
Alexander C. Gavis
Assistant Counsel
Attachment