Regulator votes against XXX domain
Mindful of international sensitivities and implications, ICANN votes against pornography domain name.

NEW YORK (CNNMoney.com) - For the time being, there will be no red-light district on the Internet.

The organization that governs Internet domain names voted Wednesday against a proposal that would introduce a new dot-xxx ending for adult-entertainment Web sites.

The board members of the Internet Corporation for Assigned Names and Numbers (ICANN), which is responsible for making sure every Internet address is unique and valid, voted 9 to 5 against the proposal at its board meeting, according to a posting on its Web site.

The organization said "details regarding the vote" would be released later this week.

The proposal for a dot-xxx domain was made by the ICM Registry of Jupiter, Fla. According to media reports, British entrepreneur Stuart Lawley was the driving force behind the proposal, arguing a new dot-xxx Internet neighborhood would protect children by making it easier to filter pornographic and other adult sites. According to a report in the Wall Street Journal, Lawley also stood to benefit financially by collecting registration fees for dot-xxx sites.

The dot-xxx proposal has sparked worldwide debate among a range of advocacy groups. Critics argued that the proposed domain would still allow pornography in regular dot-com domains and ultimately do little to shield children from adult material. Observers also speculated that adopting a special domain for pornography might put ICANN in the awkward position of having to decide what qualified as pornography and what did not under a variety of international rules. Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.