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RESIGNING. JANET REHNQUIST, 45, as Inspector General of the Health and Human Services Department; on June 1; amid a congressional investigation into her conduct; in Washington. the daughter of Chief Justice William Rehnquist was under fire for, among other things, seeking to delay an audit of a Florida pension fund until after the re-election of governor Jeb Bush, and possessing an unauthorized gun in her office...

Author: /time Magazine | Title: Milestones Mar. 17, 2003 | 3/17/2003 | See Source »

...billion was misspent by the Indonesian government in 2001 and 2002, according to its Supreme Audit Agency...

Author: /time Magazine | Title: Milestones | 3/3/2003 | See Source »

...freshman planning to take government courses and found an anthropology course, a philosophy course and a psychology course during my first “shopping period,” all courses that I ended up taking that fall, and in addition I found a second philosophy course to audit...

Author: By Edward Tabor | Title: Shopping Period Makes Harvard Special | 2/14/2003 | See Source »

Competition for Protegent will increasingly come from suppliers of order-management software, the kind that handles the actual execution of trades. Publicly traded SunGard Data Systems, for instance, with more than $4.2 billion in annual sales, is adding broker-compliance screening to its products. Tilken says Broker Audit's toughest competition will be in-house software developed by brokerages. That's probably truest of the largest houses, which might find it less expensive to write their own code than to pay a per-broker fee month after month...

Author: /time Magazine | Title: Brokers Beware | 2/10/2003 | See Source »

Over time, though, it could be the hassle and expense of adapting to ever changing regulations that drives customers to Protegent's door. Even before the federal Patriot Act took effect last April, for example, Broker Audit was ready to handle new anti-money-laundering tracking requirements (like watching out for unusual wire transfers in and out of brokerage accounts). Coming up: tracking of unnecessarily high mutual-fund commissions, based on selling inappropriate types of shares to certain investors--a measure that will be required by the National Association of Securities Dealers later this year. So many opportunities for mischief...

Author: /time Magazine | Title: Brokers Beware | 2/10/2003 | See Source »

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