From beSpacific, the FTC has released the US SAFE WEB Act, a legislative recommendation for Congress.
It’s apparently focused on giving the FTC the power to go after cross-border spam, spyware and fraud.
A hypothetical case of how the Act might help the FTC in combating spyware here.
A summary of the Act here.
A spiffy marketing briefing here.
Draft of the Act itself here
And some more explanations here.