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Re: ?Legal Question:?? What is REAL TIME???



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Trading Reference Links

I've never seen the boiler plate for TS6, but most (if not all) of the web
delivered services I've ever seen have the mother-of-all-loopholes:  ".....not
liable for internet delays, congestion, interruptions, etc etc etc..."

Would that give them an easy out?

At 07:20 AM 2/8/02 -0800, a a wrote:
>Group,
>Consider this.  There have been some on the list who
>have complained that their feed is frequently behind
>30 seconds, sometimes as much as 2 minutes.  Is it
>possible that there are NO LAWS regulating such
>things?  How is it not possible for the FCC to be
>involved in this matter. Why the silence?  Without a
>legal background, one would have to conclude that
>there are no laws regulating this, making it 'OK' to
>charge $295\mo. for real time data that isn't 'REAL
>TIME'. Charging for REAL TIME DATA, when the data is
>DELAYED for all practical uses, is in my opinion a
>dishonest and crooked act perpetuated on the trading
>public.
>IN SHORT:  What is REAL TIME DATA?
>Awaiting discussion,
>A
>