Subpoenas issued by the Temporary National Economic Committee, 1939.

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Subpoenas issued by the Temporary National Economic Committee, 1939.

The Securities and Exchange Commission (SEC) was one of the executive agencies which was given representation in the Temporary National Economic Committee (TNEC), a hybrid agency chaired by Senator O'Mahoney of Wyoming, and made up of three senators, three members of the House, and representatives of six executive agencies. Chairman William O. Douglas was the SEC representative, and Commissioner Jerome N. Frank was the Commission's alternate. One function assigned to the SEC by the TNEC was a wide spread investigation of investment banking houses. The subpoenas were prepared for a group of major firms and were signed by Chairman Douglas, and by Rep. Hatton W. Sumners of Texas, Chairman of the House Judiciary Committee, and vice-chairman of the TNEC. The collection contains 19 subpoenas and 2 letters relating to the the documents and their donation to the HLSL.

[21] leaves ; 28 cm.

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