SEC Bars Mulheren From Securities Industry: John...

SEC Bars Mulheren From Securities Industry: John A. Mulheren Jr., the flamboyant stock speculator convicted of scheming to manipulate the price of stock with Ivan F. Boesky, agreed to an order barring him from the industry, the Securities and Exchange Commission said. But the agreement contains a proviso that would throw out the ban if Mulheren’s conviction on conspiracy and securities fraud charges is reversed or vacated. In July, a federal court jury found Mulheren guilty of charges that he helped Boesky--one of the central figures in Wall Street’s biggest insider trading scandal--drive up the price of Gulf & Western Inc. stock in 1985. Mulheren, 41, of Rumson, N.J., was sentenced in November to a year and a day in prison and a $1.6-million fine.