ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, April 12, 1990                   TAG: 9004120297
SECTION: BUSINESS                    PAGE: C8   EDITION: METRO 
SOURCE: 
DATELINE: CHICAGO                                LENGTH: Short

ETHICS COURSE STARTING AT CHICAGO EXCHANGE

The Chicago Mercantile Exchange's 2,500 members are going back to school for an ethics course in a reform effort implemented after FBI moles infiltrated trading pits in a probe of suspected fraud.

Members began signing up Wednesday for the mandatory two-hour class, created for the exchange and taught by professors at a downtown law school.

Anyone who trades in the Merc's pits will have to take the course, said James Oliff of the exchange's board of governors. "Basically, we want to impress upon our members that in addition to looking at rules, there are other actions that should govern their conduct and that's ethical behavior."

Forty-eight people, mostly traders, were indicted last summer in the ongoing probe. - Associated Press 


 by CNB