75
STAT.]
PUBLIC LAW 87-196-SEPT. 5, 1961
pay the travel expenses of such person by whatever means he shall deem appropriate, including the furnishing of transportation, and without regard to the Standardized Government Travel Regulations and section 10 of the Act of March 3, 1933, as amended (60 Stat. 808; 5 U.S.C. 73b), to the nearest locality where suitable medical care can be obtained. If any such officer, employee, or dependent is too ill to travel unattended, or in the case of a dependent too young to travel alone, the Secretary may also pay the round-trip travel expenses of an attendant or attendants." SEC. 709. Section 2 of the Act of July 31, 1945, as amended (22 U.S.C. 279a), is hereby amended to read as follows: "SEC. 2. There is hereby authorized to be appropriated, out of any monev in the Treasury not otherwise appropriated, such sums as may be required for expenditure under the direction of the Secretary of State, for the payment by the United States of its proportionate share in the expenses of the Organization: Provided, That the percentage contribution of the United States to the total annual budget of the Organization shall not exceed 33.33 per centum." SEC. 710. (a) The first section of the Act entitled "An Act to authorize participation by the United States in the Interparliamentary Union", approved June 28, 1935, as amended (22 U.S.C. 276), is amended by striking out $33,000" and "$15,000" and inserting in lieu thereof "$48,000" and "$30,000", respectivelv. (b) The amendments made by this section shall be effective only for the fiscal year 1962. Approved September 4, 1961.
465
U. S. F'ood and Agfic u 11 n f a 1 Organization. Appropriation.
Interparlia m entry Union.
Public Law 87-196 JOINT RESOLUTION To amend the Securities Bxchange Act of 1934 so as to authorize and direct the Securities and Exchange Commission to conduct a study and investigation of the adequacy, for the protection of investors, of the rules of national securities exchanges and national securities associations.
September 5, 1961 [H. J. R e s. 438]
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That section 19 of the glchrnV* comSecurities Exchange Act of 1934 is amended by adding at the end mission Study. thereof a new subsection as follows: 48 Stat. 898. "(d) The Commission is authorized and directed to make a study IS u s e 78 s. and investigation of the adequacy, for the protection of investors, of the rules of national securities exchanges and national securities associations, including rules for the expulsion, suspension, or disciplining of a member for conduct inconsistent with just and equitable prinRep ciples of trade. The Commission shall report to the Congress on or gress. o r t to Conbefore January 3, 1963, the results of its study and investigation, together with its recommendations, including such recommendations for legislation as it deems advisable. The Commission is authorized to appoint, without regard to the civil service laws, rules, and regulations, such personnel as the Commission deems advisable to carry out such study and investigation and to fix their respective rates of compensation without regard to the Classification Act of 1949, as amended, 63 Stat. 954. but no such rate shall exceed $18,500 per annum. To carry out such 5 USC 1071 note. study and investigation there is hereby authorized to be appropriated Appropriation. the sum of $750,000." Approved September 5, 1961.
�
