SECURITIES

SEC Chief Says Quayle Didn’t Pressure Him: Richard Breeden said Vice President Dan Quayle made no effort to dissuade him from supporting legislation extending the time limit for investor lawsuits that allege securities fraud. Breeden told a Senate panel that he favored a bill that would lengthen by two years the time limit for investors to file civil suits when they believe that they have been cheated. Quayle, a critic of excessive litigation, told a business group that Breeden’s remarks would be closely examined before Breeden delivered them. Breeden said Quayle’s office requested a copy of his prepared testimony but made no changes.