Word: sec
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Dates: during 1940-1949
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...were back in 1937, Wall Street and SEC last week belabored each other with adjectives. A lawyer named Twombly said SEC was "unjust, unfair, un-American." SEC replied by exhuming the ghost of Dick Whitney. A new war had started over how to keep the peace...
...House Interstate Commerce Committee last week concluded hearings on proposed amendments to SEC's two basic acts, the Securities Act of 1933 and the Securities Exchange Act of 1934. Wall Streeters were more hopeful of winning an SEC fight than in many a moon. Some even thought that SEC, not a war agency, was no longer even a White House favorite. Would it perhaps spend the war-then the peace-in limbo...
Like all losers, North American hates to drop out of the game, even though SEC and the Holding Company Act have changed the rules. Until SEC officially okays the deal, N.A. will not state: 1) the offering price of Union Electric stock, 2) date of sale, 3) what it will do next...
Nice enough boy was Purcell; he knew the stock exchange end of the commission's work thoroughly; he was a true SEC career man ( TIME, June 9). But "Judge" Healy's candidate for chairman was ex-businessman Sumner T. Pike, his sole Republican colleague. A chairman picked on a strict seniority basis would have been Healy himself. But the Judge would always be more effective as an outsider-storming, needling, threatening to resign. Evidently Mr. Roosevelt hoped he would stay on in that effective role, to storm, threaten and relent many times again
...Most vibrating springboard in Washington is the SEC chairmanship. From it Joseph P. Kennedy took off to the Maritime Commission and the Court of St. James's; James M. Landis to the deanship of Harvard Law School; William O. Douglas to the Supreme Court; Jerome Frank to the Circuit Court of Appeals...