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OTHER NEWS

From Times Staff and Wire Reports

Salomon Exec Stays as Head of SIA: The Securities Industry Assn. said Gedale Horowitz, a senior executive director of Salomon Bros. Inc., will continue as chairman of the brokerage industry’s main trade association. Earlier, there was speculation that Horowitz would be asked to step down as association chairman because of Salomon’s admitted wrongdoing in the government securities market, even though Horowitz personally wasn’t implicated in any wrongdoing.


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