Internet stock trading – Regulation may vary considerably from state to state.

Is the regulatory agency inclined to allow its views to be influenced by partisan political considerations? Is it "hostile" on principle? What important rulings or steps indicate its attitude toward the rate of return a public utility may earn? Is the area one in which public power has been or is likely to become an important issue? Is there any pending legislation that might affect operating results? Sometimes, it may be advisable to visit the state public utilities commission and discuss its views and attitude with the staff or to secure opinions of the commission on rate proceedings.

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