	dixons says sec moving on cyclops cyl tender dixons group plc said the securities and exchange commission has authorized but not commenced the filing of an action against it concerning its waiver of a condition in its tender offer for cyclops corp dixons has offered to buy about pct of cyclops shares the sec action deals with a waiver by dixons of a condition in the tender offer which was made without an appropriate extension of the offer dixons said dixons also said it is currently discussing the matter with the sec the sec has a standing policy of never confirming or denying investigations or upcoming legal action reuter 
