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By Bob Woods, Newsbytes
A Securities and Exchange Commission (SEC) official confirmed to Newsbytes that the agency is considering fining several financial services companies that have missed a recent Y2K status disclosure filing deadline.
Some companies in the securities industry, though, are not meeting SEC- mandated filing deadlines that update their Y2K compliance.
In fact, a number of broker-dealers and transfer agents have missed the May 30, 1999 filing deadline, SEC spokesperson Katherine Addleman said this afternoon. The commission is now deciding if any further actions will be taken against the unnamed companies, Addleman also said.
Broker-dealers include Fidelity, E*Trade and Paine Webber.
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Oh, by the way, how is Paine Weber Doing? Ask David Eddy in his most recent collumn....
WHEN PAINE WEBBER SPEAKS ) 1999 By David O'Daniel Eddy
A copy of PaineWebber's February 7, 1999, 12-page Investment Policy analysis paper, "The Millennium Myth - On Track for "Y2K O.K." has found it's way to my hands.
What can I say? This a major piece of self-delusion.
http://www.y2ktimebomb.com/Techcorner/DE/de9923.htm
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Oh yeah. The big guys are getting it done alright.
ROTFLMAO ROTFLMAO
--
Paul Milne
If you live within five miles of a 7-11, you're toast.
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