Word: sec
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...also been donating to political parties in other countries. The Securities and Exchange Commission later began looking into the matter. Reason: giving corporate cash to a foreign political party does not in itself violate U.S. law, but disguising the contributions on a company's books might contravene the SEC'S reporting requirements. Testifying at a secret SEC hearing early this year, Gulf Oil Chairman Bob Dorsey admitted that his company had indeed given $4 million to a political party in another country, which he did not name. A Senate Foreign Relations subcommittee decided to look into the foreign...
...challenges. The company is negotiating to sell off all its holdings in Panama; the discussions were interrupted by the bribery scandal. In connection with the bribes, at least seven stockholder lawsuits have been filed; and in addition to the U.S. Attorney's office in New York, the SEC and a Senate subcommittee are also investigating the company's affairs. Financially, United Brands is saddled with high interest payments on a heavy long-term debt, and it has scared off some investors: for the past few months, some mutual funds have been hurriedly unloading United Brands stock...
...bureaucracies to weigh the inflationary consequences of their decisions and 2) to maneuver for greater price competition within the existing rules rather than press for outright deregulation of entire industries. Later this spring, Ford plans to preach price-consciousness to the heads of the ICC, CAB, FCC, FPC, FTC, SEC, FMC, NRC (Nuclear Regulatory Commission), CFTC (Commodity Futures Trading Commission) and the CPSC (Consumer Product Safety Commission...
...CSSR should, for the University, completely endorse these ACSR proposals. Under SEC regulations, the only legal justification for the reforms can be improved information for shareholders and potential shareholders about publicly-held corporations. Yet, as some ACSR members said last week, the social benefits of disclosure reform could affect not only investors, but Americans generally...
...source added that the ACSR did not include the possible social benefits at corporate disclosure in its proposed letter because the SEC is mainly interested in improvements in investors information and not in social benefits...