Part 1 of Essay
Cyberspace was once a place inhabited largely by government agencies and academics linked together through a decentralized collection of computer networks that came to be known as the "Internet." The late 1980s and early 1990s gave birth to a torrent of commercial entrants into cyberspace, with the way led by Compuserve ....

Part 2 of Essay
.... the Internet as the world's "new mass information market."4 Today investors are in danger of being taken for a ride on the cyberspace. State securities regulators around the U.S. are concerned about the explosion of illicit investment schemes now flourishing on commercial bulletin board services and the informal web of computer networks that make up the Internet. An estimated four million U.S. households that already have access to the major online services are being exposed to hundreds of fraudulent an ....