Day-trading firm All-Tech accused of breaking rules

Article Abstract:

All-Tech Direct of Montvale, NJ, has been named in a complaint filed by the National Assn of Securities Dealers on Jul 17, 2000. The complaint cites the owner of the day-trading firm for not being registered to work in the industry and for hiring a branch manager who has been banned from the securities industry. All-Tech Chmn and CEO Harvey Houtkin, considered as the father of day-trading, has also been cited for making exaggerated and misleading statements on the firm's ads and Web site.

Securities Dealers, All-Tech Direct

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Merrill Lynch sends grads to college

Article Abstract:

Merrill Lynch and Company Inc will follow through with a promise made in 1988 to 251 first-graders from the nation's worst inner-city schools. The promise, to pay for their college education if they finish high school, will be made through the investment banking company's ScholarshipBuilder program. A total of 146 youths out of nearly 200 of the original first- graders, are set to begin their college education in fall 2000.

Merrill Lynch and Company Inc.

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No criminal charges likely in IPO inquiries

Article Abstract:

Credit Swiss First Boston will probably not be prosecuted for the way it sold shares in hot new Internet companies like VA Linux and Selectica.

Electronic computers, Computers, Electronic Computer Manufacturing, Legal issues & crime, Securities issued, listed, Security brokers and dealers, Computer integrated systems design, In-House Computers Services, Computer Systems Design Services, Information technology services, Credit Suisse First Boston L.L.C., VA Linux Systems Inc., Selectica Inc.

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