Nomination of Richard B. Smith, Hearing ... 90-1, March 21, 1967

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Halaman 5 - ... (1) any member appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed, shall be appointed for the remainder of such term; and (2) the terms of office of the members first taking office after the date of...
Halaman 5 - Not more than three of such commissioners shall be members of the same political party, and in making appointments members of different political parties shall be appointed alternately as nearly as may be practicable. No commissioner shall engage in any other business, vocation, or employment than that of serving as commissioner, nor shall any commissioner participate, directly or indirectly,, in any stock-market operations or transactions of a character subject to regulation bv the Commission pursuant...
Halaman 5 - The terms of office of the members first taking office after the approval of this Act shall expire as designated by the President at the time of nomination, one at the end of the...
Halaman 5 - Not more than three of the commissioners shall be members of the same political party, and in making appointments members of different political parties shall be appointed alternately as nearly as may be practicable.
Halaman 5 - ... alternately as nearly as may be practicable. No commissioner shall engage in any other business, vocation, or employment than that of serving as commissioner, nor shall any commissioner participate, directly or indirectly, in any stock-market operations or transactions of a character subject to regulation by the Commission pursuant to this title.
Halaman 5 - The CHAIRMAN. Let the committee come to order. The committee is meeting today to consider the nomination of Richard B. Smith, of New York, to be a member of the Securities and Exchange Commission. Mr. Smith has been nominated for the remainder of the term of Mr. Byron D. Woodside for the 5 years expiring June 5, 1967, and for the following full term for the term of 5 years expiring June 5, 1972. I should like to insert in the record at this point section 4 (a) of the Securities and Exchange Act of...
Halaman 5 - Their successors shall be appointed each for a term of five years from the date of the expiration of the term for which his predecessor was appointed and until his successor is appointed and has qualified, except that he shall not so continue to serve beyond the expiration of the next session of Congress subsequent to the expiration of said fixed term of office...
Halaman 5 - Commission") to be composed of five commissioners to be appointed by the President by and with the advice and consent of the Senate. Not more than three of such commissioners shall be members of the same political party, and in making appointments members of different political parties shall be appointed alternately as nearly as may be practicable. No commissioner shall engage in any...
Halaman 5 - ... year and shall hold office for a term of five years and until his successor is appointed and has qualified, except that he shall not so continue to serve beyond the expiration of the next session of Congress subsequent to the expiration of said fixed term of office, and except (1) any Commissioner appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term, and (2) the terms of office of the...
Halaman 5 - $20,000 a year". Approved September 13, 1960. (304) Public Law 87-196 87th Congress, HJ Res. 438 September 5, 1961 Joint "Resolution 75 STAT. 465. To amend the Securities Exchange Act of 1934 so as to authorize and direct the Securities and Exchange Commission to conduct...