Exchange Looked into Pension on Its Own
New York AP report notes the American Stock Exchange faced scrutiny over its role in a probe of unusual trading tied to Pentron Electronics Corp. The Amex began internal checks in 1966 and shared findings with federal authorities as six defendants faced grand jury indictments for inflating shares. The case tests the exchange’s self policing and timing of actions.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
American Stock Exchange
Pentren Electronics Corp
Amex
Pentron
Exchange
Securities Division
Money's Worth Home Study Gypsters In U S on Increase
Sylvia Porter reports a rise in fraudulent home study schemes selling correspondence courses from jet engine mechanics to civil service training. Cases show high costs, lack of employment, and millions lost. FTC and inspectors urge warnings and safeguards. legitimate programs should not guarantee jobs.
MENTIONED IN THIS ARTICLE
New York
U. S
Federal Trade Commis
Wom Jto
Coven
Henry Montague
National Home Study Council
Washington
Stock watch and the path to market discipline
The article describes how the stock exchange monitors unusual activity with a 29 officer strong stock watch, flags 12 to 15 stocks daily by computer, and uses trading profiles to identify firms and customers behind unusual movements. It explains steps from alert to potential trading halts and market enforcement. It also advises checking home study courses and provides sources for accredited schooling and brokerage education.
MENTIONED IN THIS ARTICLE
Exchange
Better Business Bureau
Chamber of Commerce
State Department of Education
National Home Study Council
Wash
Ington
Sion Assn
University of Representatives
Minnesota
Minneapolis
Mark My Ig Is Brew In The Air Ages Of Flight
Inez Robb reflects on Seven Ages of Man in the Air and forecasts an Eighth Age as airlines shift from daring heroics to gourmet dining, soft entertainment, and later, minimal service. She recounts past era changes from adventure to fine foods to voyeuristic appeal, noting a brewing shift in modern air travel.
MENTIONED IN THIS ARTICLE
Inez Robb
New York
Lucky Lindy
Chicago
Grandma
Also Mentioned on This Page
U.S
Atttorney
Securities and Exchange Commission
By Sylvia Porter
Joe Fischer
SEC
Tmen
Airlines
Mark
Smothers Brothers
Leonard Bernstein
Man
Sophis
Coffee Magazine
Uwi
America
Herbel CO
Center Point Rd
the Builders Department Store
Atlas Concrete CO
DIAL
Cami
Third Street
Secedar Rapids
CWO
Robert Asche
Des Moines
Iowa
W. J. Bowers
Colorado Springs
Gala
Charles E. Buck
Ft. Smith
Ark
Sur Keotane
Lucille York
Wichita
Kansas
Arthur & Schmidt
Rochester, Minn
Rockies
Skelly Keptane
Sammye Lou Clark
Tulsa
Okla
Barbara Chaim
Denver
Colorado
Skelly
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