New SEC Commissioner Talks Shop: Isaac Hunt Jr. Shares His Views on How to Safeguard Yourself from Securities Fraud

Fairley, Juliette, Black Enterprise

You might find it hard to believe but the government has your back when it comes to malpractice by stockbrokers and mutual fund managers. In fact, that was the reason behind the Securities Exchange Act of 1933, which created the U.S. Securities and Exchange Commission. This body of five commissioners, appointed by the President on a five-year rotating basis, is responsible for administering congressional acts regarding securities, stock exchanges, investment advisors and public utility holding companies.

The newest SEC commissioner is Isaac Hunt Jr., appointed by President Clinton and confirmed by the Senate this past February. Hunt, who holds a B.A. from Fisk University and an …

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Publication information: Article title: New SEC Commissioner Talks Shop: Isaac Hunt Jr. Shares His Views on How to Safeguard Yourself from Securities Fraud. Contributors: Fairley, Juliette - Author. Magazine title: Black Enterprise. Volume: 27. Issue: 2 Publication date: September 1996. Page number: 43+. © 2007 Earl G. Graves Publishing Co., Inc. COPYRIGHT 1996 Gale Group.

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