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Exchanges

NEWS
August 5, 1986 | Associated Press
The United States and the Soviet Union today announced the signing of 13 exchange agreements that officials said could restore cultural, health and educational contacts between the two nations to the levels of the 1970s. Under the agreements, worked out during a one-week visit by a Soviet delegation, Soviet and American art exhibits will be exchanged, more students will study in each other's countries, and joint research and programs will be undertaken.
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CALIFORNIA | LOCAL
May 14, 1988
Administrators from the University of Tokyo and UC San Diego signed an agreement Friday for scientific, educational and cultural exchanges between the two institutions. The agreement calls for joint research, exchange of faculty and graduate students, sharing of information in fields of mutual interest, and sponsorship of visiting scholars for lectures and conferences.
BUSINESS
March 25, 2009 | TIMES WIRE REPORTS
Chief executives from four U.S. stock exchanges sent a joint letter to the Securities and Exchange Commission seeking to have new rules instituted to restrict short selling. In a letter to SEC Chairwoman Mary Schapiro, the heads of NYSE Euronext, Nasdaq OMX Group Inc. and two smaller exchanges proposed a rule that would curb "abusive" short selling, which "destroys the overall confidence in our capital markets." The new rules would go beyond the previous "uptick" rule curbing short selling, which had been in place since the 1930s until being rescinded in 2007.
BUSINESS
January 18, 1987 | T. BOONE PICKENS Jr., T. Boone Pickens Jr. is the general partner of Mesa Limited Partnership and chairman of the United Shareholders Assn
More than 50 years ago, as Congress breathed life into a new watchdog agency called the Securities and Exchange Commission, the necessity of equal shareholder voting rights in corporate America was clearly understood. "Fair corporate suffrage is an important right that should attach to every equity security bought on a public exchange," the House Commerce Committee reported to Congress in 1934. "Management should not be permitted to perpetuate themselves by the misuse of corporate proxies."
OPINION
September 30, 2013 | By The Times editorial board
State insurance-buying exchanges - one of the centerpieces of President Obama's controversial 2010 healthcare law - begin their first open enrollment period Tuesday, an event that both supporters and opponents have been eagerly anticipating practically since the legislation was signed 3 1/2 years ago. For the first time, low- and moderate-income Americans who don't have health benefits at work will be able to sign up for comprehensive coverage at...
BUSINESS
October 14, 2013 | By Andrew Tangel
NEW YORK - As Twitter Inc. shops for a home on Wall Street, the Nasdaq Stock Market and New York Stock Exchange are cranking up the charm - just like they've done with other tech stars. As real estate listings website Zillow Inc. was going public two years ago, Nasdaq dispatched Chief Executive Robert Greifeld to personally make a pitch over breakfast in Seattle. The NYSE deployed Larry Leibowitz, its chief operating officer. In the end, Nasdaq won. The exchange dangled generous use of its electronic billboard towering seven stories over Times Square.
OPINION
March 25, 2014 | By The Times editorial page
Opponents of the Affordable Care Act have mounted the most far-reaching legal challenge to the law since the (unsuccessful) attempt to have its insurance mandate declared unconstitutional. At issue is whether the subsidies the law provides to help lower-income adults buy policies will be available in the 34 states with federally launched insurance exchanges, rather than just the state-operated ones. The Internal Revenue Service ruled that any American who meets the income limits can qualify for a subsidy; the plaintiffs say subsidies should be available only in the 16 states that set up their own exchanges.
BUSINESS
May 6, 1989 | KAREN TUMULTY and ROBERT E. DALLOS, Times Staff Writers
A day after government agents swooped down with subpoenas on New York's biggest futures markets, sources familiar with the inner workings of the exchanges said Friday that small cliques of traders, exploiting inadequate government scrutiny, have long engaged in various illegal practices defrauding both investors and other traders. "Insiders have advantages in terms of trading. That's the source of (long-standing) complaints. These markets are not fair, open markets operated for the benefit of the public," said Martin R. Gold, whose law firm, Gold, Farrell & Marks, handles securities litigation.
BUSINESS
April 11, 1989
Starting today, The Times will publish the previous day's financial indexes, currency rates, interest rates and leading stocks in a single large table called Market Watch. The new format will make it easier to compare the activity of various exchanges. Page 10.
NEWS
November 15, 1985 | NORMAN KEMPSTER, Times Staff Writer
President Reagan painted an appealing picture Thursday night of an "open world" where American and Russian students attend each other's schools, superpower competition is transferred to athletic fields and Soviet children watch "Sesame Street." "Imagine how much good we could accomplish, how the cause of peace would be served, if more individuals and families from our respective countries could come to know each other in a personal way," Reagan said.
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