ATLANTA The Securities and Exchange Commission has begun a comprehensive inquiry into bond issues sold by two authorities in the Orlando. Fla. area, as well as campaign contributions to public officials serving on the authorities' boards.

At the Greater Orlando Aviation Authority. the SEC recently subpoenaed testimony from four officials. Robert Hattaway, the authority's chairman. said yesterday. In separate requests. the SEC has asked for documents for three bond issues sold by the Orlando-Orange County Expressway Authority, according to the authority's finance director Gregory Dailer.

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