SECURITIES

Ex-Kidder Trader Censured: The New York Stock Exchange said it took the action against government bond trader Joseph Jett and barred him from exchange membership. The NYSE said a hearing panel voted unanimously to bar Jett until he complies with a request to testify in connection with an investigation of Kidder Peabody activities. A Kidder internal investigation found in August that Jett knowingly manipulated Kidder systems to generate $350 million in false profits for its government bond trading desk. The NYSE said Jett was charged in April with failing to testify in connection with the exchange probe.