Word: commissioner
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Dates: during 1960-1969
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The students stated that Paul R. Dixon, the head of the Commission, should resign immediately. "Dixon's chief and perhaps only contribution to the commission's improvement would be to resign from the agency that he has so degraded and ossified," they wrote.
* The Commission seldom attempts to investigate the possibility of deceptive trade practices, particularly in ghetto areas.
"Spectacular lassitude and office absenteeism" prevail in the Federal Trade Commission, a group of Harvard and Yale law students charged in a 185-page report released yesterday.
* The Commission rarely uses its most powerful enforcement tool, preliminary injunctions. Its method of seeking compliance with cease and desist orders is "grossly inadequate" and enforcement delays are "excessive."
Discount Prices. Last week Mates suffered an abrupt setback. He was threatened with a sudden run on his fund by investors wanting to turn their shares in for cash, and got unprecedented permission from the Securities and Exchange Commission to shut down for an "indefinite" period. With that, some 3...