Word: watchdog
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...Securities and Exchange Commission has a new top watchdog. After toiling for twelve years as an SEC staff attorney, William R. McLucas, 39, last week was named director of enforcement. He succeeds Gary Lynch, 39, bane of inside traders Ivan Boesky and Dennis Levine, who resigned last summer to take a job at a New York City law firm. McLucas suggested that after years of prosecuting high-profile Wall Street insider-trading cases, the agency might additionally focus more closely on basic securities abuses, in which brokers exploit unsophisticated small Main Street investors...
...panel urged creation of an independent watchdog agency with the power to impose civil fines of up to $5,000, or as much as three times the amount involved in a violation. Keeping city officials aboveboard will not be cheap. The additional personnel, office space for housing the mountain of new disclosure forms, matching public campaign funds and mandatory ethics training for every city department are expected to cost between $2 million and $4 million a year...
Asked whether he was prepared to lead the opposition, Gandhi said with a smile, "Absolutely. We will be a very good watchdog...
LIFE AFTER THE SPLIT. Jane Fonda's glamour was never enough to catapult Tom Hayden out of the California assembly. Now Hayden may run for the state's top eco-watchdog post, which he helped create. High-profile landfill work could be a prelude to a 1992 bid for Alan Cranston's Senate seat...
After years of activists' complaints about abuses in Soviet psychiatric facilities, 26 American psychiatrists, lawyers and interpreters last March toured such institutions in the U.S.S.R. and interviewed more than two dozen patients whose hospitalization had been questioned. The watchdog group concluded that while improvements had been made, disturbing evidence remained of unjustified confinements and fundamental shortcomings in psychiatric practice. Most troubling were the continued use of drugs that appeared to have more punitive than therapeutic value and the domination of the Soviet psychiatric establishment by some of the very officials who ruled it when abuse was rampant...