Trade Exchange Network, parent of gambling Web sites tradesports.com and intrade.com, told the U.S. Commodities Futures Trading Commission (CFTC) that it is setting up an "exempt board of trade" (EBOT), a type of lightly regulated financial market that has been allowed since the passage of the Commodities Futures Modernization Act five years ago.

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Controlling the content that enterprises users share on any type of public network is critical, particularly in heavily regulated industries.

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