NBC Evening News for Wednesday, Jan 12, 1972
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(Studio) 19 year old college sophomore beats stock market without money.
REPORTER: John Chancellor
(Philadelphia, Pennsylvania) Abraham Treff bought stock via telephone without paying for it to prove brokerage houses so eager for business they don't check clients. [TREFF - says idea emerged from discussion on Ralph Nader. Treff said investigation would yield bad areas in any field and set out to prove it with stks.] (New York) New York Stock Exchange, Lee ARNING - violations of security laws being investigated; most stock business handled over phone.
REPORTER: Pat Collins
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