KF27 15536 1973i pl.5 COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE HARLEY O. STAGGERS, West Virginia, Chairman TORBERT H. MACDONALD, Massachusetts JOHN JARMAN, Oklahoma JOHN E. MOSS, California LIONEL VAN DEERLIN, California FRED B. ROONEY, Pennsylvania DAVID E. SATTERFIELD III, Virginia W. S. (BILL) STUCKEY, JR., Georgia SAMUEL L. DEVINE, Ohio JAMES T. BROYHILL, North Carolina JAMES F. HASTINGS, New York JOHN Y. MCCOLLISTER, Nebraska BARRY M. GOLDWATER, JR., California H. JOHN HEINZ III, Pennsylvania Securities and Exchange Commission on title I of H.R. 5050, with attachment consisting of letter dated April 16, 1973, from SEC Chairman Cook to Chairman Staggers on considerations involved 124 Baker, Donald I., Director of Policy Planning, Antitrust Division, 1525 Bayless, James L., president, Rauscher Pierce Securities Corp. 1457, 1471 499 867, 893 Bankers Association_. 783, 1925 Statement of-Continued Bevis, Herman W., member, Banking and Securities Industry Com- Page mittee (BASIC). 1824, 1872 761 401 Bigler, Harold E., American Life Insurance Association. - Boyd, Michael, vice president and associate general counsel, Donald- 1738 867, 873 Calvin, Donald L., vice president, New York Stock Exchange. Celler, Hon. Emanuel, former Chairman, Committee on the Judiciary, Chalmers, Jay L., chairman, operations committee, Securities Industry Chapman, Merrill J., president, Association of Investment Brokers -- 125 740 1773 1943 1355 822, 1415 Cohen, Manuel F., former Chairman, Securities and Exchange Commission. 237, 319 Coriaci, Joseph P., chairman, Working Committee, National Coordi- 1824 1807 577 Donaldson, William, chairman, Donaldson, Lufkin & Jenrette, Inc.. 1738 Frank, Walter N., industry director, New York Stock Exchange. 867, 892 Friedman, Daniel M., First Deputy Solicitor General, Department of Justice. 272 Gardiner, Robert M., chairman, governing council and chairman, 1943 Garil, Bernard H., assistant to the managing partner, Oppenheimer 1576 Gilligan, Pat, exchange specialist, National Stock Exchange. Griswold, Hon. Erwin N., Solicitor General of the United States, Hender, George S., vice president, PBW Stock Exchange, Inc. Kendall, Leon T., president, Securities Industry Association. Kolton, Paul, chairman of the board, American Stock Exchange, Inc. 535, 801 Landau, I., member, Corporate Trust Activities Committee, Trust Lee, John F., executive vice president, New York Clearing House 1961 Levenson, Alan, Director, Division of Corporation Finance, Securities 401 Liftin, John, Associate Director, Division of Market Regulation, 425 Loomis, Philip A., Jr., Commissioner, Securities and Exchange Com- 297, 401, 425 MacIntyre, Hon. A. Everette, Commissioner, Federal Trade Com- 333 Statement of-Continued McKay, Peter H., executive officer, Bradford Computer & Systems, Page 1807 Macklin, Gordin S., president, National Association of Securities 577 Mason, Paul, Jr., associate general counsel, American Life Insurance 761 Milburn, William G., American Bankers Association. 1925 1457 535, 801 Needham, James J., chairman, board of directors, New York Stock O'Hara, Thomas E., chairman, board of trustees, National Association O'Neill, James J., executive director, the Committee of Publicly Owned Owens, Hugh F., senior Commissioner, Securities and Exchange 867 1686 1599 297, 401 Payne, William E., executive officer, Public Employees' Retirement 1699, 1701 Peake, Junius W., member, board of governors, National Association of Securities Dealers, Inc... 577 Pickard, Lee A., Director, Division of Market Regulation, Securities and Exchange Commission_ Pingree, Charles A., American Bankers Association....... Pitt, Harvey L., Chief Counsel, Division of Market Regulation, 425, 1778 783 425 535, 801 Poser, Norman S., senior vice president, policy planning, American Potter, Hamilton F., Jr., counsel, Banking and Securities Industry Potts, Ramsay D., counsel, Investment Counsel Association of Rappaport, Sheldon, Associate Director, Division of Market Regula- Rasweiler, Donald J., senior vice president and treasurer, Auerbach, Refsnes, Joseph L., executive vice president, Rauscher Pierce Securities Corp- 1457, 1471 1555 1508 1430 867, 885 Regan, Donald T., chairman of the board, Merrill Lynch & Co... 1430 867, 889 1430 Scott, William T., executive director, New York City Teachers' 619 361 1699, 1703 Scribner, Richard O., general counsel, Securities Industry Association_... Shepheard, Eugene P., Rauscher Pierce Securities Corp 651, 1943 1457, 1480 Siegel, Barry, staff, the Committee of Publicly Owned Companies--- 1599 492 1699, 1707 Solomon, Frederic, Director, Division of Supervision and Regulation, 1815 Sommer, A. A., Jr., member, board of governors, National Association of Securities Dealers, Inc. 577 Stephenson, Revis, member, executive committee, the Committee of 1599 Statement of-Continued Stewart, Samuel B., member, National Coordinating Group for Theobald, Thomas C., American Bankers Association Page 1824. 783 1961 499 Tobin, Michael E., president, Midwest Stock Exchange, Inc....... Weeden, Donald E., chairman of the board, Weeden & Co.. 717 1543 1543, 1549 499 Wetherill, Elkins, president, PBW Stock Exchange, Inc.. 619 651 1355 Wood, C. V., Jr., chairman, the Committee of Publicly Owned Companies 1599 Young, Llewellyn P., vice president and counsel, Bradford Computer & Systems, Inc.. 1807 Zeder, Fred M., member, executive committee, the Committee of 1599 Additional material supplied for the record by- Article from Wall Street Journal entitled "NASD To Propose Average brokerage fees as a percentage of the dollar value of 1933 799 792 799 Report of the special committee on institutional membership of 789 Statement of April 23, 1973, on title II of H.R. 5050. 786 1929 1770 AIA portfolio holdings. 727 Exhibit A to Mr. Jones' statement-Proposed subsection (e) of 722 Letter dated July 10, 1973, from Walter D. Vinyard, Jr., counsel, 728 Letter dated July 13, 1973, from Walter D. Vinyard, Jr., counsel, American Life Insurance Association: Letter dated April 23, 1973, with attachments, to Chairman Moss, 730 737 767, 1976 Letter dated July 6, 1973, to Secretary, Securities and Exchange Portfolio turnover in the separate accounts funding pension plans 777 774 773 |