In Belgium, the stock exchange committee organizes, at least once a month, public sales of stocks that are not officially quoted.
The foreign exchange committee said last month that China faced greater risks as capital flowed rapidly in and out of the country this year against a backdrop of economic uncertainty worldwide.
Mr. Moore used to work for an interbank dealer called Lasser Marshall and served in the late 1980's on the foreign exchange committee that advises the Federal Reserve Bank of New York on foreign-exchange trading practices.
"The foreign exchange committee believes that rolling contracts at historical rates is a dangerous practice which should be avoided absent compelling justification and procedural safeguards," the 1991 letter said.
Mustered out of the Army a year later, Mr. Beplat remained in Japan as a civilian but continued to serve the military in Tokyo as the chief of its money and banking branch and as chairman of the foreign exchange committee.
The example that the foreign exchange committee gives in which such a trade could be allowed is for a company that has ordered equipment from a foreign country and has bought a forward contract so that the foreign currency is available to pay for the machinery when it arrives.
A 1991 letter from the head of the foreign exchange committee said "a dealer who routinely offers to roll over his customers' maturing contracts at historical rates could unwittingly participate in efforts to conceal losses, evade taxes, or defraud his or another trading institution".
In another case cited in Mr. Spitzer's lawsuit, Merrill Lynch was reported to have had difficulty in getting approval from an exchange committee for the sale of a specialist unit it owned, but that Mr. Grasso had quietly assured a Merrill executive that the deal would go through.
Eight months later, the Exchange committee decided instead to rebuild the Sub-treasury building at 301 Pine Street while keeping its Tuscan columns and entrance steps, requiring a completely new approach.
Mr. Gorbachev said that after Mr. Yeltsin spoke, "it was decided to exchange opinions," and 26 central committee members spoke.
