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Press Telegram in Long Beach, California

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Dec 27, 1971

Page

15

SEC weighs broader disclosure of earnings projections

The Securities and Exchange Commission considers requiring wider dissemination of corporate earnings projections to reach individual investors. Chairman William J Casey says the plan would extend facts beyond a few insiders, ensuring equal access to information and addressing how research and projections are shared with the public and large investors. The SEC expects to publish findings soon after a series of sessions.

New York Securities and Exchange Commission SEC William J. Casey Commission

SEC eyes new data disclosure for investor hearings

The SEC considers central data and consolidated pricing to aid investors and reform the securities industry. Exchanges may merge into a federation with a central market system routing orders to where best trades occur, with a target end of 1972 for operation. Major firms seek a unified ticker across all venues.

SEC Casey Ife

Stans Eyes Phase 2 End Date Amid Curbs Talk

Phase 2 curbs may end in 1972 with the decaninel process under study. Officials cautious on schedule while noting December price increases reflect early-month freeze effects. Commerce Department reports seasonal buying up about 12 percent in dollars and 8 to 9 percent in volume, signaling a strong holiday demand in a five year pattern.

Costo Living Jndea Commerce Department

IRS Orders Retailers to Display Base Prices Soon

The IRS said retailers must prominently display base prices by January 2, 1972. A shopper must be able to view the base price without requesting it. Base price is the freeze period price, typically the 30 days ending November 14, 1971, with firms over 109000 in sales required to reveal top selling items.

Washington Internal Revenue Service IRS

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