SEC Eyes Tighter Disclosure Rules Under New Boss
The SEC prepares to tighten rules on corporate bribes and commission payments as it considers ending voluntary disclosure. It seeks detailed information on recipients and locations, with potential penalties for noncompliance. A new chairman, possibly Harold Williams, looms as Carter era rules require a five year term. The agency also debates expanding option trading across major exchanges and limits positions while industry rivals vie for leadership in the growing market.
MENTIONED IN THIS ARTICLE
NEA/Lon
JetWin
New York
Securities and Exchange Commission
SEC
Roderick Hills
Best Bet
Harold Williams
Hunt Foods
Carter
Ice
American Stock Exchange
Chicago Board Options Exchange
Philadelphia, Pacific and Midwest Stock Exchanges
New York Stock Exchange
Board Options Exchange
Chicago
Reliance Universal Reports First Quarter 1977 Loss and Sales
Louisville Kentucky Reliance Universal Inc reports 1977 first quarter sales of 28,643,420 with a loss of 198,298 or 10 cents per share. 1976 first quarter sales were 24,670,747 with a loss of 33,247 or two cents per share. Carl Paradice joins Idol-Green Co Realtors as sales representative with 30 years in High Point real estate. He will market residential properties business sites and industrial and commercial properties and is a licensed broker and GTJ course graduate.
MENTIONED IN THIS ARTICLE
Louisville
Reliance Universal Inc
Carl Paradice
Idol-Green Co., Realtors
High Point
Asa Ava
Industria
Paradice
Voluntary Restraint Favored Amid Wage Price Debate
President Carter backs voluntary restraint over wage price controls in a plan nearing final form. Treasury Secretary Blumenthal rejects any controls and calls for advance notice of major wage moves. Washington wings push for a system of voluntary cooperation with business and labor, while cabinet economists study options. In Greensboro, Dr. Philip M. Kirk of CIBA-GEIGY plans retirement April 1 after more than two decades with the firm. Wright Optical moves to second floor in Bones Building on N Main and W Kivett Drive, expanding space.
MENTIONED IN THIS ARTICLE
Treasury
Michael Blumenthal
Carter
Washington
Council On
Charles Schultze
Council of Economic Advisers
Greensboro
Philip M. Kirk
Ciba-Geigy Corp
Corporation
Kirk
Geigy Chemical Corporation
Wright Optical Co
Bones
N. Main and
W. Kivett Drive
Uncertainty On Economy Continues
Economists see gradual recovery but warn Carter stimulus may lift inflation. Citibank CEO Walter Winston foresees short term rates rising 1 to 1.5 percent this year and loan demand increasing. A money market source predicts double digit short term rates early 1978. Steel demand rises for fuel tanks and oil country tubulars. Auto sheet steel remains strong. Havana pushes for U S tourism to Cuba amid trade prospects.
MENTIONED IN THIS ARTICLE
New York
Nana
Walter Winston
Citibank
Carter
U.S
Cuba
Havana
Washington shift shapes U.S. business lobbying trends
E. Douglas Kenna moved the National Association of Manufacturers to Washington in 1973 highlighting the growing power of the capital. The shift signals detente between business and government as more groups relocate from New York and seek Washington savvy through the National Chamber of Commerce executive program with sessions in May and fall.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
E. Douglas Kenna
National Association of Manufacturers
Washington, D.C
America
Washington
Kenna
The
National Chamber of Commerce
Also Mentioned on This Page
High Point Enterprise
Financial Report
N.C. State Ex Dept
Janet
Ferndale Boulevard
Duke University
Polytechnic Institute
Brooklyn
N.Y
City Planning Board
United Way
Junior Achievement Board
Guilford College Board of Visitors
Thelma Bills
Longmeadow
Mass
Carl Pardice
Lexington
North Main
Business Mirror
Associated
Sirs
Fice
Inc
Pacpiee
American Furniture
Pepsi Piedmont
Bankers Trust of SC
Nick Rky
Mt Beamon Eng
Pub Soc
Black Inds
Brenner Inds
Republic Auto Parts Wie
Republic Auto Parts Wie We Burnup & Simms Ringaroung Prod
Burris Inds
Mtg MM
Rex Plastics
Salem Carpet
P&l
Shoneys Inc
Carp
Steel Carp
Central Caro
Bank
Central Vermont Textiles Inc
C&s Corp
Triangle
Brick Colgnial Life Cab Trion Inc
Gene Marsh
Cpm
Institute of Real Estate Management
National Association of Realtors
IREM
Urcar
Mendenhall-Moore
Ealtor
Computer Stores
of Carolina,Inc
Independence Charlotte
Cisco
Carolina Motor Club
Ane Perry
Avi
Alaska
World Travel Agency
North Main St
Ren & Service
N. Main St
N.C
Hawaii
Paradise
United Airlines
Honolulu
Punchbowl Crater
Waikiki
Maui
Valley Island
Wall
United Hawaii
San Francisco
Las Vegas
United
Royal Hawaiian Service
Los Angeles
P.O. Box
Dept
Glenview
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