Leading Tuesday's corporations and securities law news, SEC Chairman William Donaldson stated in a speech today that the agency is considering changes to the Sarbanes-Oxley Act to ease burden on foreign companies. Companies in both Europe and the US have complained of the costs to meet the act's requirements. European companies also contend that some [...]

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The National Telecommunications Commission in the Philippines has ordered cable operators to shut down all chat rooms, in response to complaints that some had become sex channels. The NTC commented that some chat room operators were not regulating the use of profane language or explicit messages in their facilities. The Philippine Daily Inquirer has more.

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Iran's highest official, Ayatollah Ali Khamenei , told hard-line lawmakers in parliament Tuesday to stop the impeachment of cabinet members appointed by reformist President Mohammad Khatami . Ali Khamenei's statement, a rare public political comment, was reported by the Iranian news agency. Conservative lawmakers who won election to parliament last year have already impeached one [...]

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The US government has joined the entertainment industry in arguing before the US Supreme Court that file-sharing services such as Kazaa and Grokster, accused of enabling widespread copyright infringement, should be shut down. Acting Solicitor Paul D. Clement filed a brief in support of the entertainment industry late Monday. In MGM Studios v. Grokster, 04-480, [...]

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Voter registration by Iraqi nationals in other countries will likely tally 25 percent of the estimated 1.2 million eligible when it closes Tuesday, according to officials organizing the foreign voting program. The Iraq Out-of-Country Voting Program allows Iraqi nationals living abroad to register and vote in Sunday's elections in 14 designated countries, including the US, [...]

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Four British men held at Guantanamo Bay for three years as enemy combatants were returned to the UK Tuesday, after a deal was reached between the US and UK. The four men, Moazzam Begg, Martin Mubanga, Richard Belmar and Feroz Abbasi , were the only remaining Britons being held at the prison and had previously [...]

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