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Presents discussion on the existence of financial insolvency in New York City. Findings by Securities and Exchange Commission (SEC) investigators to reach out some plausible reasons on financial instability in New York City; Report released by SEC on securities transactions in New York City; Assessment of SEC report on securities transactions.

The article focuses on the contribution of Executive Nicholas F. Brady for the recovery of Dillon Read & Co.'s operation in New York City. It mentions the popularity of the said bank at the Wall Street due to Brady's efforts through team-building scheme. It notes how he gathered several financiers to aid the ailing company. The firm has gained 107 million U.S.-dollar securities due to Brady's strategy.

The article examines the reasons that the U.S. Securities and Exchange Commission (SEC) favors the retention of smaller exchanges. The article explains that the SEC wants to maintain exchanges outside of the centralized market that is concentrating in New York, as these local and regional exchanges service a sufficient number of companies with sufficient financial resources, and they serve as secondary markets to the New York exchanges. The article examines the difference between the New York and the smaller exchanges, the impact of the Securities Exchange Act of 1934, and the important role these smaller exchanges play. The article suggests that strong regional markets will provide competition to the New York market as their influence is more than local.

Daxor Corp., a business based in New York, has filed a Form 4 with the U.S. Securities and Exchange Commission (SEC) on December 1, 2023. This form is required for directors, officers, or owners of more than ten percent of a class of equity securities to report changes in ownership. The SEC filing is a formal document or financial statement submitted by publicly-traded companies. For more information on this filing, visit the SEC website. [Extracted from the article]

Presents a speech given by John Gutfreund, president of Gutfreund & Co. and former chairman and chief executive of Salomon Brothers. Delivery of the speech to the Metropolitan Club in New York City on December 12, 2000; Thoughts on the profitability of Wall Street and securities firms; Confusion and ambiguity that exists in the stock market.

Focuses on the financial problems faced by New York City. Reasons for the financial crises in the city; Overview of efforts by the government to provide funds for the city; Assessment of the scenario in case of a default by the city; Information on the steps planned by financial regulatory agencies in case of a default by the city; Discussion of the consequences of the financial crisis; View that private investors need only regain sufficient confidence that the city has mastered its own finances; Effect of general inflation on fuel, utility bills, building materials and paper; Creation of the Municipal Assistance Corporation (MAC), a special corporation created by the state legislature to avoid a default; Description of the role and functions of the MAC; Report that the banks had a temporary liquidity problem, which would be able to receive extraordinary loans from the federal government; Valuation of securities would be delayed to allow for the market for such securities to stabilize.

The article focuses on the political and social conditions around the world. The crisis in Paris, France has led to heavy drafts of gold on the Bank of England, and, as a consequence, London, England has begun to draw upon New York. The process by which this international drain is effected is mainly by the sale of French securities at low rates in England, and of American securities in New York. The introduction in the U.S. Senate of a bill to buy $350,000 worth of land for the extension of the mint in Philadelphia, Pennsylvania and the introduction of a bill in the House of Representatives to spend $1,000,000 to build a mint in New York, revive an old and familiar controversy.

The article gives information on various issues related to socio-political developments around the world. Advocates of reform in judicial procedure will find a crumb of comfort in one bill that passed the New York Legislature, and is now Chapter 380 of the Laws of 1912. It amends the code of civil procedure in relation to appeals, introducing important improvements. The recent rapid fall in the price of French Government 3 per cents, to the lowest price in more than twenty years, attracted attention again to certain economic influences bearing adversely on the market for high-grade securities the world over.

Comments on New York Public Service Commission commissioner William A. Prendergast's ruling on the case of public utility Consolidated Gas Co. Application of Consolidated Gas to issue securities for the purchase of a controlling interest in the Brooklyn Edison Co.; Public Committee on Power attorney Morris Ernst's brief, protesting against the proposed merger between Consolidated Gas and Brooklyn Edison; Refusal of Prendergast to accept the brief of Ernst.

Nancy Allen, head of EquiLend Data and Analytics Solutions, said: "I am very excited to build out the NY team with both Elaine and Megan. Women in Securities Finance has announced Elaine Hannigan of Scotiabank and Barclays' Megan Fritz as two new additions to its New York Chapter. [Extracted from the article]

The article discusses the features of the New York State Mortgage recording tax law. According to Section 255 of the New York Tax Law, the recording of supplemental mortgages and instruments are used for correcting the recorded mortgages. As stated, the consolidation, extension and modification agreement (CEMA) refinances the mortgage loan. Free online resources which help in drafting the security instruments and identifying security instrument holders are also mentioned.

The authors of this article discuss a recent New York case that held that the safe harbor for certain transfers "in connection with… securities contract[s]" in Section 546(e) of the Bankruptcy Code did not protect from the bankruptcy trustee's powers to avoid constructively fraudulent transfers either the payment by the debtor to repurchase its shares or the debtor's incurrence of the related loan obligation to finance the repurchase in the context of a private leveraged buy-out transaction. [ABSTRACT FROM AUTHOR]

The article discusses the alleged securities fraud committed by investment manager Bernie Madoff and examines the part played by money manager Ezra Merkin in Madoff's activities. Merkin's had to shut down his largest fund, Ascot, which was completely invested in Madoff. Ascot had the monies of a large portion of the Upper East Side Jewish elite of New York City, the author notes.

Presents information on U.S. securities law as of March 2002. Comment from lawyer Melvyn I. Weiss, on how people get into problems with securities; Estimated number of federal securities class action complaints filed in the Southern District of New York in 2001; Discussion on arrangements made in initial public offering cases.

Presents information on a study which analyzed the extent to which retail bond order periods can be useful for other issuers in the context of New York City, New York's experience since 1994. Information on retail order period; Types of retail investors; Benefits of retail order periods. INSET: Are Retail Order Periods for Everyone?.

The article focuses on the firm Merrill Lynch, Pierce, Fenner & Beane in New York. It has been referred to as the Bureau of Missing Persons or The Thundering Herd of Wall Street. It is not only a commission that handles stock and commodity orders for clients, but an underwriter of new securities for companies which issue them. The firm is aware that the public has been suspicious of the members of its profession.

This article focuses on the changes in the requirements for the registrars of securities listed on the New York Stock Exchange as of May, 1972. as the result of several cases of manipulation involving over issuances of securities over 100 years ago, the New York Stock Exchange adopted a policy that a registrar independent of company was required. Each registrar that acts for a listed company executes an agreement with the Exchange providing that the registrar will not register additional securities until they have been specifically authorized to do so by the Exchange.

The article focuses on the changes in management of New York Stock Exchange (NYSE) after the resignation of Big Board chief James J. Needham. It states that Needham, who became chairman in 1972, decided to resign from his post and will be replaced by William Milfred Batten on May 19, 1976. It notes that Needham's background in the U.S. Securities and Exchange Commission (SEC) and commanding behavior were deemed by directors to be of help to Wall Street, but it did not happen in a certain way. It mentions that influential people at Wall Street started to search for his replacement in 1975 in which Melvin Laird was regarded. It adds that Batten will take over as a temporary chairman, as candidates are carefully preferred American Stock Exchange chairman Paul Kolton.

The article reports on the continued increase in the stock exchange of New York City. It states that the Dow Jones industrial average has increased by 24.32 points, which is the highest mark since October 1973. It also says that the trading volume of stock shares changed on the New York Stock Exchange has dramatically increased. It mentions that the sudden increase is attributed to the confluence of eager buyers and willing sellers, in which sellers are considered as one of the greatest individual investors. Moreover, it says that the strongest buying surge came from American institutional investors, insurance companies, and mutual funds while brokers are the ones who are well benefited by the trading surge.

The article reports that Wall Street in New York is eyeing to list several securities in Tokyo, Japan to be open for investors in the U.S. Broker Thomas Boylan, who has been in Japan working out plans for the listing of Japanese stocks on the New York Curb Exchange, says that four or five Japanese companies will be included in the list, with others to follow as soon as they qualify under U.S. securities regulations. Meanwhile, other brokers reveal that prices for stocks have increased rapidly.

The bills which passed the Assembly at Albany, New York last week, with the purpose of regulating U.S. Stock Exchange business and the issue of corporation securities, unquestionably belong to the class once known as "huggermugger legislation." That is to say, these bills, whatever may be the motive and purpose underlying them, are hurried to a vote in complete disregard of the serious practical objections raised to them by disinterested critics, and in a shape which makes it impossible to say what their actual operation would be, though they meddle violently with the machinery of the legitimate investment community.

Information about the conference on securities and insurance law held in the cafeteria of the Practicing Law Institute in Manhattan, New York City is presented. The conference was attended by regulatory lawyers or insurance company counsels who needed to know about insurance products. One of the speakers of the event was Joan E. Boros, an attorney from Washington D.C. who started the Securities Products of Insurance Companies conference back in the middle of 1990s.

Several charts on market facts related to the finance industry of New York including annual domestic pretax profits, average annual number of securities-related jobs, and amount raised by firms via initial public offerings are presented.