First Executive Trade Date Set: The National...

First Executive Trade Date Set: The National Assn. of Securities Dealers told West Los Angeles-based First Executive that its common stock will trade “ex-rights” on the first trading day after the Securities and Exchange Commission sets an effective date for the registration statement recently filed by the insurance firm. First Executive expects that date to be Sept. 11. The statement covers distribution of shareholder rights to buy, for a limited time, new stock “units” composed of one depositary preference share and two warrants.