Computer Privacy; Conducting Business in Cyberspace
Instructions: Please download this assignment from Blackboard as a Word document and insert your answers directly below the corresponding question. Your responses must be in 11-pt. Arial bold and italic font. Failure to do so will result in the loss of five points on this assignment. Please place your name as a header on the top right of every page of your assignment. Failure to do so will result in the loss of five points on this assignment. Point values are listed at the end of each question. This assignment is worth a total of 50 points.
PART I - Securities Exchange Commission
Log onto the website for this agency to answer the following questions. Use only the website to find your answers.
1. What is the SEC's mission statement? The mission statement of the Securities and Exchange Commission is to enable capital formation, maintain fair, effective/efficient and orderly markets and to protect investors.
2. Review "Researching Public Companies through EDGAR: A Guide for Investors" at http://www.sec.gov/investor/pubs/edgarguide.htm (Overview, Tips, FAQ, and How to Use EDGAR) Once you have done so, answer the following:
A. Search EDGAR by company name for "Bobs Discount Furniture" (note that there is no apostrophe in Bobs). Click on the second CIK (Central Index Key) number. What is the title of the document filed on 12/28/2007? Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 06 Acc-no: 9999999997-08-000693 (34 Act)
B. Perform a company name search for Cabelas (again, no apostrophe). Click on the second CIK number (Cabelas Inc). Scroll down to the "10-Q" filing of 04/25/2013 and click on "Documents". Click on the first document listed. What is the title of that document (not just form10-Q)? FIRST AMENDMENT TO RICHARD N. CABELA EXECUTIVE EMPLOYMENT AGREEMENT
C. Scroll down the Table of Contents within the document listed as your answer to Question 2B above and click on the page number for "Financial Statements". What was Cabela's total revenue for the quarter ending March 30, 2013? (Hint: Note that the number listed is in thousands; multiply the number by 1000 to arrive at the correct answer.)
3. Click the SEC News Digest for June 14, 2011.
A. Identify the four companies whose securities trading was suspended through June 27, 2011.
B. What is the basis for the temporary suspension of these companies?
4. Look up Litigation Release (LR) No. 22701 published May 16, 2013. Click on the release number and read the LR:
A. (i) What is the general basis of the enforcement action filed by the SEC on September 13, 2012?
(ii) What exactly did the defendants do that led to the charges filed against them by the SEC?
B. What criminal penalty was imposed by the U.S. Attorney's Office for the District of Connecticut?
C. What action was taken by the Connecticut Department of Banking?
PART II - Federal Trade Commission
Log onto the website for this agency to answer the following questions. Use only the website to find your answers.
5. What are the three bureaus of the FTC and what is the basic purpose of each bureau?
6. Under the "Quick Finder" section, click on "Case List" and locate the case involving Bumble Bee Seafoods, Inc. Review the documents associated with this case to answer the following series of questions:
A. What is the docket number?
B. What is the file number?
C. In which state is the respondent incorporated?
D. Summarize (in your own words), the alleged violation that is the subject matter of this Complaint.
7. Locate the case involving Toys R Us, Inc., FTC Matter/File Number 091 0082 to answer the following questions:
A. Review the case summary and, in your own words, briefly summarize what happened in this matter.
B. Read the Complaint (hyperlinked below the summary, along with other case documents):
(i) What is the maximum civil penalty for violations occurring on or after February 10, 2009?
(ii) How many counts are contained in this complaint?
C. What did the order in the prior case discussed in the complaint require Toys R Us, Inc. to do? SUMMARIZE.
D. Review the final judgment. How much was the civil penalty Toys R Us was ordered to pay?
PART III - ESIGN and Connecticut's Uniform Electronic Transactions Act (UETA)
- Electronic Signatures in Global and National Commerce Act (E-SIGN)-federallaw; discussed in textbook (pp. 509-510)
- Uniform Electronic Transactions Act (UETA)- statelaw recognizing electronic signatures and validity of electronically formed contracts
For these questions, please refer to the Connecticut General Statutes located at http://www.cga.ct.gov/2011/pub/chap015.htm
8. How is the term "electronic signature" defined?
9. If the law requires a record to be retained, what are the two requirements that must be satisfied in order for the record retention requirement to be satisfied?
10. Can a signature be notarized electronically?