E-Sign  Law  (Only in USA) Back to main page


With the October first effective date of the Electronic Signatures in Global and National Commerce Act (The E-Sign Law).

The E-Sign Law is technology-neutral legislation because it does’nt favor any type of security technology. 

This law is expected to boost security technologies that will protect online financial transactions.

E-signing law will create new oportunities for small brokers and dealers. It will  provide a high degree of operational efficiency, thereby leveling the playing field currently dominated by six online brokers.

The practices of online brokerages are about to change. The E-Sign law treats an electronic signature the same as a physical signature and an electronic record rhe same as a paper document. This law will be apply in the 50 states of United States.
 

 

The law  contains some significant consumer protections before an electronically signed document can be accepted.

What's excluded from the E-Sign Law ?

  • Creation and execution of wills or testamentary trusts
  • Agreements covering adoption, divorce or other matters of family law
  • Notice of cancellation or temination of health insurance or life insurance benefits.

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    E-Sign Law hangs over the physical signatures !!!!!!

Corrections and some errors, please notify me


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