Word: catapano
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Dates: during 1960-1969
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...settling with the SEC, the firm managed to blunt some of the impact of the case. Still, the SEC publicly rebuked ten Merrill Lynch employees, and seven were ordered temporarily suspended without pay. Among them were Archangelo Catapano, a vice president and the firm's aerospace specialist, who was suspended for 60 days, Philip F. Bilbao, vice president and manager of institutional services, and five of his salesmen each drew 21 days. Three other Merrill Lynch employees, including two more vice presidents, were just censured. The commission also ordered Merrill Lynch to close its New York institutional sales office...
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