Word: sec
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Dates: during 1940-1949
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...holding-company act, which was passed to put a stop to just such brobdignagian jiggery-pokery as USEPCO, put the headstone on V.E.'s empire. But Emanuel & friends salvaged something good from the wreck. They kept control of Standard Gas and its underwriting, profited on the issues until SEC stopped the practice...
...time of the knockout, 2 min. 9 sec. of the first round, was a near record for Louis. In 1938 it took Joe just 2 min. 4 sec. to polish off Max Schmeling, who had made the mistake of knocking out Louis in their previous meeting...
...SEC's blessing, without which the new company could not raise the $5,000,000 it wants, gave it special permission to offer its stock (200,000 shares at $25 a share) to investment companies as well as to the general public...
...bill charged that boom earnings during the war were not a valid measure of a railroad's stability, made it too easy for shaky roads to qualify for refitted stockholders' management. Others pointed out that the bill exempts future transactions in rail securities from ICC and SEC supervision, leaving the field wide open for speculators. All agreed on one point: that the bill would reverse the usual position and give the stockholder a preferred position over the bondholder...
...Caffrey, 48, the SEC had a chairman Wall Street liked. A graduate of Harvard, Jim Caffrey had joined SEC in 1935 after twelve years of legal practice in his native Boston. He made a name for himself by handling more fraud cases than any other SEC man. He also made a name as a man who knew Wall Street's problems and talked its language, a man who regarded SEC strictly as a regulatory agency, not a political club. Most Wall Streeters thought they would get along fine with Jim Caffrey...