Word: pecora
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Dates: during 1963-1963
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...group found few outright abuses of the stock market's rules, but its recommendations struck deeply at five major areas (see box on next page) that make up the very heart of the market, promised the most sweeping overhaul of Wall Street since the Pecora investigation set up the SEC 30 years ago. The SEC recommended that trading in stock issues that are "unlisted" on any exchange be automated and perhaps made cheaper for the investor, and that the cost of trading in "odd lots" of fewer than 100 shares be lowered. It asked for closer regulation...
FRANK PACE WILLIAM PALEY ALICIA PATTERSON FERDINAND PECORA CLAUDE PEPPER FRANCES PERKINS JAMES C. PETRILLO SYLVIA PORTER ROBERT PRESTON GWILYM A. PRICE LEONTYNE PRICE NATHAN PUSEY