Search

The article focuses on the issue of ticket scalping being practiced in the theaters of New York. It mentions that even though the New York theater is recording high business, ticket scalpers are making maximum money from ticket black marketing and discusses the role being played by ticket brokers in conducting ticket scalping. It also states about the efforts being made by New York City Commissioner of Licenses Paul Moss in involving theater owners in an industry self-regulation program.

Presents letters to the editor commenting on the article "It's Time for Rules in Wonderland," which deals with federal legislation to protect consumer privacy. Criticism of industry self-regulation; Impact of companies' self-serving efforts at self-regulation; Failure of the article to tackle the opportunity offered by the Internet to consumers; Claim that government intervention in the protection of consumer privacy would trigger a variety of disastrous consequences.

An interview with New York Stock Exchange (NYSE) chairman James J. Needham is presented. When asked about his dissatisfaction with the performance of the NYSE in 1970 and whether he believes in self-regulation, Needham says he believes in self-regulation and explains that dissatisfaction was bound to occur in those trying times. He also stresses the importance of the passage of the Securities Investor Protecton Act in improving customer and investor protection.

The article discusses the self-regulation plan of the U.S. machine-tool industry to meet the needs of the federal armament program. It tells that the plan calls for the creation of a Machine Tool Coordinating Committee which will assess and prioritize the needs of the Army, Navy, and foreign clients. It says that work force expansion efforts include apprenticeship training and subcontracting. It adds that in case of a critical delivery status, plans include equipment replacements and purchases.

The article reports on the compact filed by Dr. Wesley A. Sturges on liquor industry for putting it on rigid self-regulation plan. As stated, the planning committee is seeking to expand elements with the Distilled Spirits Institute to prove the good doctor's original intent. However it concludes to include representatives of importers, rectifiers, and non-institute distillers. Further it discusses received complaints regarding the illegal industry practices in the liquor industry.

The article discusses problems with self-regulation of industries in relation to crashes of planes manufactured by the firm Boeing Co. Topics include the role of the oil industry trade group American Petroleum Institute (API) in developing U.S. government oversight, the role of automakers in assisting the U.S. National Highway Traffic Safety Administration (NHTSA), and the regulation of teenage vaping by the U.S. Food and Drug Administration (FDA).

The article reports on the plan of the U.S. nuclear industry to establish the new organization called the Institute of Nuclear Power Operations (INPO). The move is cited as an attempt by the industry on self-policing following the Three Mile Island accident. The tasks of the organization will include promoting better operator training and emergency management and auditing and evaluating the safety programs of utilities.

The article reports on the restructure of the collective bargaining framework by the Joint Labor-Management Committee in the Retail Food Industry (JLMC) which aims to prevent self-regulation of sector members in the U.S. The method is said to lessen the occurrence of improper implementation of wage increases among food retailers in the country. John T. Dunlop, former secretary of the Department of Labor, says that JMLC's approach can be applied to other sector.

The article reports on the consideration to establish policies that would regulate the operation of 2,500 credit bureaus in the U.S. It states that the free-wheelng credit bureaus have been criticized by the Congress due to their faulty and erroneous transactions. It also cites the plan of the Associated Credit Bureaus Inc. (ACB) to self-regulate in order to halt criticism.

The article discusses the tensions between the U.S. government and the petroleum industry as of December 1933. It states that no other industry is as subject to federal regulation than oil companies, whose production, refinement, distribution and prices are subject to government control. To deal with the issue of price fixing, Harold L. Ickes held the hearings to regulate the industry in December 1933. It was decided that government regulation would be mitigated by a self-regulatory body within the industry which would also act to prevent pricing wars.

The article offers information on the issues surrounding the labor proposals of Wesley A. Sturges, executive director of Distilled Spirits Institute in the U.S. It states that the self-regulation for liquor plan of Sturges is seen as carrying trade association's police power to new limits. Moreover, the contract requires executives of the liquor companies to resign from the jobs when proven that have allowed their concerns to break the rules.

Discusses the problems of the New York Stock Exchange (NYSE) and NASADQ in self-regulation. Conflicts of interest of bankers and stock analysts; Conflicting listing requirements of NYSE and NASDAQ; Absence of an independent board members who truly speak for small investors and the public interest. INSET: THE TROUBLE WITH SELF-REGULATION.

The article criticizes investment bankers for their role as the initiators and principal advocates of mergers to make a fee for themselves and recommends that industry try self-discipline to promote responsible behavior.

The article looks at self-regulation in the cosmetics and toiletries industry in light of efforts by the U.S. House to pass laws that will regulate the industry. The House bill aims to require manufacturers to tell consumers the ingredients that comprise their products. The campaign for ingredient disclosure by Virginia Knauer and the definition of terminology by Cosmetic,Toiletry and Fragrance Association are also discussed.

The article reports on the growing debate over the wisdom of the conference method used by the U.S. Federal Trade Commission for promoting self-regulation of business.

The article focuses on the issues concerning the self-regulation code adopted by the distillers in which it states 50% of the liquor being served by the bartenders are obtained from illegally refilled bottles.

The article reports that the decision of the U.S. Supreme Court regarding the case of the Sugar Institute may establish precedents to help businesses in their attempts at self-policing. It mentions that the court has ruled the lack of effective alliance to defeat special discounts and allowances in favor of big buyers. The trade associations will not feel the impact of the decision. Little support was received from distributors who favor price-control.

An interview of hedge fund co-chair David Siegel of the firm Two Sigma Investments is presented. Topics include government regulation of technology industries, the industry consortium Financial Industry Regulatory Authority (Finra) in relation to financial industries, and balancing the treatment of large and small firms as part of regulation.