Word: sec
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Tipped off by the SEC, the French Commission on Bourse Operations zeroed in on Mitterrand's friends Max Theret, 76, and Roger-Patrice Pelat, 70, who profited handsomely from purchases of Triangle stock just before the takeover became public. Because the Finance Ministry approved the deal before it was announced, the information could have leaked from the government. That possibility prompted the resignation last month of Beregovoy's chief of staff, Alain Boublil, who has denied any involvement...
...settle criminal- fraud charges, plans to hire a new chairman for its holding company. Drexel's choice to succeed Robert Linton: John Shad, the U.S. Ambassador to the Netherlands and former head of the Securities and Exchange Commission. Drexel is also recruiting trade consultant Roderick Hills, another former SEC chief, to serve on the firm's board. Neither had formally accepted by week...
...response to the controversy, Georgia President Fred Davidson ordered the university's coaches not to accept any more partial qualifiers. Because this rule would place Georgia's teams at a competitive disadvantage, the coaches successfully lobbied the Southeast Conference (SEC) to adopt the regulation for all of its member schools...
...SEC Commissioner Harvey Schiller then petitioned the NCAA to close the partial qualifier loophole for all colleges. Last Wednesday at their annual convention in San Francisco, the NCAA adopted Proposition 42 by a 163-151 vote...
...goal was to be comparable with the original intent of Proposition 48," SEC Commissioner Harvey Schiller said. "Passage of the proposal will send a strong message to secondary schools...