California shopping moves spark bucket shop concerns
Federal officials warn that commodity option dealers have shifted to California markets and the Phoenix valley, described as bucket shopping. They say orders are unbacked and paid from new investors, with brokers inexperienced and offices opening across the region.
MENTIONED IN THIS ARTICLE
David L. Markstein
Scottsdale
California
Bucket Shop
Securities and Exchange Commission
Chicago
New York
West Coast
Regulatory actions target commodity options trading
The SEC and California regulators accuse Goldstein Samuelson of bucketing orders and insolvency as a hearing in Los Angeles weighs permanent receivership. The firms’ Phoenix office is cited, with regulators in several states seeking safeguards for investors in option markets.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission and
California Corporations Commissioner
Goldstein
Samuelson
Los Angeles
Goldstein, Samuelson
Phoenix
SEC
California
Utah
Washington
Maryland
Pilot job plan trie for Maricopa County EMS recruits state jobs
A pilot project in Maricopa County pairs the Employment Service with the State Personnel Commission to list state job vacancies on the department’s Job Bank. The plan aims to expand statewide after a trial period. Applications will be available at 17 county offices, broadening exposure to private sector openings.
MENTIONED IN THIS ARTICLE
Maricopa County
Department of Economic Security
William J. Mayo
State Personnel Commission
Mayo
Harold C. Bennett
Bennett
Department O Economic Security
Camelback Inn Converts to Resort Condominium Plan
Marriott announces Camelback Inn will become a 407 unit resort condominium project to raise capital for new resorts. J W Marriott Jr says the plan lets investors own a unit and share common elements while rental income funds returns after expenses. Owners may use their unit up to four weeks yearly with maintenance by management.
MENTIONED IN THIS ARTICLE
Marriott
Camelback Inn
J.W. Marriott Jr
Engineering Society Monthly Meet in Phoenix Panel Discussion
The Papago Chapter of the Arizona Society of Professional Engineers holds its March meeting at Monti's La Casa Vieja. A panel on health and engineering features Bob Drain, William Griswold, and Don Hoover. Cocktails at 6 p.m. and dinner follow.
MENTIONED IN THIS ARTICLE
The
Arizona Society. of Professional Engineers
Monti
la Casa Vieja
Bob Drain
Drain-Snyder & Assoc
William Griswold
AlResearch Corp
Don Hoover
Arizona Industrial Commission
Operation of a Small Business workshop at Phoenix College
The Phoenix College workshop The Operation of a Small Business co sponsored by the Service Corps of Retired Executives and the U S Small Business Administration will be held March 21 in room 126 Liberal Arts Building at 8 30 a m There is a 5 fee for the session Registration is through the Community Service Program Admissions and Records Building Also noted is Mrs Vera B Grady owner of the Far Western Placement Bureau of Phoenix planning luncheons and receptions this week to mark the company's 50th anniversary The firm was founded in 1923 by William McManus and she joined in 1937 becoming sole owner after his death.
MENTIONED IN THIS ARTICLE
Phoenix College
Service Corps of
United States Small Business Administration
Phoenix College Liberal Arts
Vera B. Grady
Far Western Placement Bureau of
Phoenix
William McManus
Telco Federal Credit Union Opens Scottsdale Branch
The Phoenix Telco Federal Credit Union opened a Scottsdale facility at 7125 E. 2nd St in Haywood Regency Plaza Square. The new office serves East Phoenix and Tri City members, with hours 9:30 to 5:30 Mon Tue Thu Fri 11 to 7 Wed and 9:30 to 12:30 Sat.
MENTIONED IN THIS ARTICLE
Phoenix Telco Federal Credit Union
Scottsdale
E. 2Nd St
Telco
Haywood Regency Plaza Square
Bishop and 2Nd Street
R. D. March Jr
Charles Kline
East Phoenix
Tri-City
3Rd Street
McDowell
Phoenix
New Scottsdale
Life Insurance Careers Conference Opens in Arizona
The 1973 Arizona Life Insurance Careers Conference begins Friday at Mountain Shadows with 2,500 members of the Arizona Association of Life Underwriters participating in a two day event. Officers will be elected and Earl T. Nagel will report on the association’s past year while Governor Jack Williams delivers opening remarks. Insurance Careers Week in Arizona is proclaimed for March 11 to 17.
MENTIONED IN THIS ARTICLE
Arizona Life Insurance Careers
Arizona Association of Life Underwriters
Mountain Shadows
E. Lincoln Drive
Earl T. Nagel
CLA
E. Culver
Jack Williams
Arizona
ASU Orders New UNIVAC 1110 Computer System
Arizona State University has ordered a UNIVAC 1110 computer system valued at about 3.2 million dollars from Sperry Univac. Delivery is scheduled this month and the system will meet the universitys educational and administrative needs with campus wide access via terminals.
MENTIONED IN THIS ARTICLE
Arizona State University
Sperry Univac
Sperry Rand Corporation
Univac 1110
PR Society to hear Norman speak tonight
Thom Norman president of Professional Sales Consultants Inc in Scottsdale will speak at the Arizona PRSA March meeting. The session begins Thursday at 7 p.m. at the Saddleback Inn. Norman is under contract with Western American Realty and Investment Co Phoenix and will discuss Cybernetics for Greater Success.
MENTIONED IN THIS ARTICLE
Norman
Thom Norman
Professional Sales Consultants, Inc
Scottsdale
Arizona
Public Relations Society of America
PRSA
Saddleback Inn
Western American Realty and Investment Company
Phoenix
Also Mentioned on This Page
Linda Gail Shrine
Anthony Pools
Daren Krupa
Anthony
Scottsdale Daily Progress
Scottsdale Auto Wash
E. Indian School Rd
E. Indian School
City of
Caviness-Downs and Associates Architects
Phillip Lindblom
Mesa
Engineering Society
Small Business
New
Telco Credit Union
Nancy Erickson
Aha Kishiyama
Don Sherrill
Scottsdale Telco
Mountain Bell
At&t
Western Electric
Bell System
Ua Tay
Continental ‘Bank
Paradise Valley
Tempe
Life Insurance Group
ASU
Johnny” Angelon
NEW York Life Insurance CO
Camelback Rd
McDonald Drive
Granite Reef Road
Bill
Insuer