NFICANational Federation Interscholastic Coaches Association
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In response to the regulatory and Congressional failure to protect those consumers not participating in the surge of cyberbanking activity, and those who might remain unprotected from discrimination in cyberspace should they avail themselves of Internet access, I propose the National Financial Institution Anti-discrimination Cyberbanking Act or NFICA.
NFICA is consistent with the five key policy principles and the nine unresolved major Internet commerce issues identified by the United States government on the future of Internet regulation articulated in a policy statement released in 1997.
The NFICA is intended to serve as both a vehicle to apply current anti-discrimination legislation to cyberbanking and to provide a legislative framework for the future enactment and implementation of laws that will control all facets of Internet banking between consumers and financial institutions.