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DBC "lost" on a class action regarding
data lag some years ago, but only had
to offer "free upgrades" if i remember.
It would seem charging exchange fees,
and then filtering the data, could also
be a legal issue.... but they've done
it for years.
BW
>From: a a <goldcapstone@xxxxxxxxx>
>To: omega-list@xxxxxxxxxx
>CC: TaoOfDow <taoofdow@xxxxxxxxxxxxxx>
>Subject: ?Legal Question:?? What is REAL TIME???
>Date: Fri, 8 Feb 2002 07:20:02 -0800 (PST)
>
>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
>
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