The Archive · 1937

NEW U.S. SECURITIES COMMISSION HEAD

New York, Sept. 23 Recent severe criticism of Governmental "interference" in Wall Street has "flow been given piquant aspect with the election of Mr. W. O.

Douglas as Chairman of the Securities aha Exchange Commission m succession to Mr. Landis.

Mr. Douglas is known as an outspoken' critic of American financial practices and is a strong supporter of ihe controlling body's programme on ihe vexed question of the segregation of Wall Street's brokers and dealer His appointment is expected to mai a strong point in the Government's policy in the stock market—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account