Word: sec
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Dates: during 1960-1969
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...that time, the SEC indictment said that Lamont was the only one of the 13 not to have received personal gain from the transaction. He was allowed only to have telephoned one of the bank's other officers and given him advance notice of the ore discovery. The bank subsequently purchased 8000 shares of stock for its clients...
...charge, announced after a pre-trial hearing on Tuesday, suggests that Lamont may have benefitted personally from an illegal purchase. The charge "came up as a matter of the routine progress of a law suit," according to the SEC's office of General Counsel in Washington. Lamont had been told several times that a personal stock purchase of his might be questioned, they said...
...SEC, in the pre-trial brief, maintained that a "reasonable amount of time" had not elapsed between the press conference and Lamont's purchase. The investing public, it said, did not have time "to evaluate the development and make investment informed decision...
...claims, that the SEC, by amending its complaint to claim as illegal "a purchase which was made hours after the news had become public," has shown that it has no rule to determine either when news become public," has shown that it has no rule to determine either when news becomes public, or "when it is proper for a party to buy stock...
...there was an understatement. Roberta crossed the finish line in 3 hr. 21 min. 2 sec.-good enough to place 124th out of an otherwise all-male field of 416. Will Cloney, director of the marathon, refused even to admit that she had competed at all: "I know of no girl who ran in the Boston Marathon," he insisted. "She couldn't enter. I do know of a girl who is supposed to have run the same roads as the marathon route today. But that's not the same." No? Roberta is planning to run again next year...