Word: casey
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MARCH 1972. Sears called Mitchell again to solicit help in setting up a meeting with officials at SEC to discuss their investigation of Vesco. The meeting was held May 11. It was attended by Sears, William J. Casey, who was then SEC chairman, and G. Bradford Cook, who is the newly named SEC chairman...
...setting up the SEC meeting, Mitchell called that "a normal process where people were complaining about the Government and putting them in touch with the head of the department." He said that the SEC investigation of Vesco was, at that stage, "not a very important thing." Ex-Chairman Casey disagrees, calling it "a big case with a very broad investigative background...
...uncomfortable spotlight. At 35, he is the youngest man ever to head the agency, he is almost unknown among the Wall Streeters he will regulate-and he has one of the toughest acts in Washington to follow. In a whirlwind 22 months in office, his predecessor, William J. Casey, began more far-reaching reforms of the securities industry than at almost any time in the SEC's 38-year history. To mention only two, brokers who had always charged commissions fixed by stock exchanges were forced to negotiate rates with their clients on trades worth more than...
...while moving from meager bit parts in Dublin's Abbey Theater to meaty roles in television, stage and film (as the fool in King Lear, the mad soldier in How I Won the War), earned his best notices interpreting the work of his playwright friends Sean O'Casey and Samuel Beckett; of heart disease; in Manhattan, where he was playing in O'Casey's The Plough and the Stars (TIME...
...controversy is unlikely to end with the SEC ruling. Some influential Congressmen are annoyed with outgoing SEC Chairman William J. Casey for acting without their prior approval. Democratic Senator Harrison Williams of New Jersey has offered a bill that would ban institutions that join exchanges from executing any trades at all for their own funds-but only if the exchanges agreed to accept negotiated, nonfixed commissions on any trades worth more than $100,000. That way, brokers now on exchanges would be forced into sharp new bargaining with their biggest customers, and institutions probably could get commissions lowered enough...