Word: sec
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Dates: during 1970-1979
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Yesterday's SEC decision allows Harvard to vote for at least two of Campaign GM's nine resolutions without entering any kind of proxy fight...
...securities and Exchange Commission (SEC) yesterday ordered Gencral Motors to place two of Ralph Nader's nine "social responsibility" resolutions on its April proxy statement sent out to all GM stockholders, including Harvard...
...SEC upheld GM on seven of the resolutions, but reversed the management's decision on what are considered the two major Campaign GM resolutions...
...addition, he has asked the city lawyers to file a supporting suit withthe SEC to try to get the nine resolutions on the GM proxy statement...
...Paris et des Pays-Bas, last fall was instrumental in arranging a $40 million loan for the New York-based conglomerate Liquidonics Industries to gain control of UMC Industries, a St. Louis defense contracting firm. Had the deal been arranged through an American bank, it would have violated SEC margin requirements. Guthrie asserts-and he has not been disputed-that margin requirements do not apply to foreign banks. Liquidonics was unable to repay the $40 million, so the Swiss bank took over its stock and gave it to a subsidiary. The new chairman of UMC Industries: Randolph H. Guthrie...