Capital Briefs: Year-2000 Measure Awaits Clinton Signature

President Clinton is expected to sign year-2000 legislation approved by both the House and Senate last week.

The legislation would encourage businesses to share information about year-2000 solutions and readiness by offering limited liability protection. It also would reinforce a recent Justice Department statement that such actions would not raise antitrust concerns.

Though the bill would protect companies and individuals who make good- faith statements that turn out to be inaccurate, it would not protect reckless or deceptive statements. The bill also would not protect false filings made to bank regulators or the Securities and Exchange Commission, or statements regarding the sale of securities.

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