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September 26, 1996|Times Staff and Wire Reports

SEC Seeks Grigsby Campaign Gift Records: The Miami office of the Securities and Exchange Commission has asked the California Fair Political Practices Commission for campaign contribution information about Calvin Grigsby, who resigned as chairman of investment banking firm Grigsby Brandford & Co. earlier this month, sources said. The move suggests that the SEC has launched a probe of bond deals in Dade County, Fla., involving Grigsby. The Miami Herald reported last week that Grigsby resigned after federal prosecutors interviewed him about Dade County bond deals. His departure also came a week after the CFPPC disclosed that Grigsby paid a $5,000 fine for allegedly making campaign contributions in California without full and complete disclosure.

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