Glenn..
I would suggest reporting it to MB. Run the scan in "developer mode" (as instructed below) and post the results at their False Positive section.
1. Click the Start Menu.
2. Click Run.
3. Type in "mbam.exe /developer", without the quotes.
4. Run the same type of scan you did before and save the logfile and post it.
http://www.malwarebytes.org/forums/index.php?showforum=42
Carol
Scan with Malwarebytes Anti-Malware using the latest definitions seems to be messing with SpywareGuard software.
Removing and placing three trojans (Trojan.FakeAlert) in quarantine disables download protection feature of SpywareGuard.
I have restored a file and two registry keys... seems to correct the problem. I believe these to be a false positive.
I am not removing these for the time being. Is anyone else who uses SpywareGuard having this problem?
Glenn

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