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A total of 84 amendments in the original act have since given the Fed greater central authority and more power to regulate the money supply. For example, when the 1929 crash showed that the FRB had inadequate controls to restrain credit abuses, it was empowered to set margin rates for...

Author: /time Magazine | Title: GOVERNMENT: The Banker's Banker | 9/10/1956 | See Source »

But to some critics the problem is not so much what SEC does as what it does not do. Originally set up to control an industry marketing about $2.8 billion worth of new corporate securities annually, it must now regulate a booming giant growing at the rate of $10 billion...

Author: /time Magazine | Title: Business: THE SEC IS UNEQUAL TO THE JOB | 7/16/1956 | See Source »

But when you start barring them, you can regulate the editorial page."

Author: /time Magazine | Title: The Press: Where Are the People? | 5/14/1956 | See Source »

INSURANCE ADS for accident and health policies will be checked for accuracy by the Federal Trade Commission. After a two-year investigation of false and misleading ads, which resulted in charges against 41 companies, FTC has decided that it has the power to regulate the advertising claims of all health...

Author: /time Magazine | Title: Time Clock, may 7, 1956 | 5/7/1956 | See Source »

Last week in Washington, a twelve-nation conference at last got around to approving a charter for the agency that will run the atoms-for-peace program. The Russians dropped their 1½-year-old insistence that it come under the U.N. Security Council, where they hold a veto. The...

Author: /time Magazine | Title: THE ATOM: Forward Step | 4/30/1956 | See Source »

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