SEC ruling could reshape brokerage seats gains and mergers
A new SEC rule allows mutual funds and insurers to own brokerage firms with 80 percent public business. Industry officials warn mergers will be gradual due to size limits, possible overturn, and profitability concerns, while some see long term consolidation and a push toward a national central market.
MENTIONED IN THIS ARTICLE
New York
Securities and Exchange Commission
Stock Exchange
SEC
Mutual Funds
Insurance Companies
Congress
Renee
Senate
Charles W. Shaeffer
T. Rowe Price & Associates
John C. Whitehead
Securities Industry Association
Wall Street
Birds Threaten Jets At Miami Airport Bird Alert Issued
Seagulls egrets and pigeons swarm Miami International Airport prompting a bird alert for pilots. A Northwest 747 sucked in birds causing an emergency landing and minor injuries. Officials plan to hire experts to study bird control amid pilot concerns.
MENTIONED IN THIS ARTICLE
Miami, Fla
Miami International Airport
Northwest Airlines
Dade County
University of Miami
ALPA
Judge Sirica Boss In Watergate Trial
Washington AP reports Judge John J. Sirica, age 68, exerts sharp authority in the Watergate trial, keeping lawyers in line with a commanding presence and confident rulings.
MENTIONED IN THIS ARTICLE
Sirica Boss
Washington
John J. Sirica
Judge Sirica Shapes Watergate Trial Tone and Tactics
As chief judge Warren E. Sirica could have assigned the case to 22 peers yet chose to oversee it personally. He urged defense attorney Henry Rothblatt to stay focused and calm as four Miami defendants pleaded guilty, and he rejected a plea deal for E. Howard Hunt while pressing for clear evidence of political espionage and payments.
MENTIONED IN THIS ARTICLE
US District Court
Sirica
Henry Rothblatt
Miami
E. Howard Hunt
Also Mentioned on This Page
Corte Madera
Calif
Highway 101
John Dorfman
AP Business
Everglades
Phillip G. Perry
Airline Pilots Association
Perry
Yant
Kalmia Plaza
Woulders
H.d
Quaker State Motor Oil
Ers
Ief
Essak
Sankyo
Steel
Ironing Board
Rothblatt
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