Ray Garrett Jr.

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Template:Short description Template:More citations Script error: No such module "infobox".Script error: No such module "Check for unknown parameters".Script error: No such module "Check for conflicting parameters". Ray Garrett Jr. (August 11, 1920 – February 3, 1980) was a member of the Gardner Carton & Douglas law firm in Chicago until his appointment as the chairman of the U.S. Securities and Exchange Commission (SEC) under President Richard Nixon in 1973, where he served for two years.

Early life

Ray Garrett Jr. was born on August 11, 1920,Script error: No such module "Unsubst". to Ray Garrett, a lawyer.[1][2] He graduated from Yale University. He was a member of the glee club and Beta Theta Pi.[2][3] He later graduated from Harvard Law School in 1949.[1]

Garrett served in the U.S. Army during World War II as a captain in the artillery, where he saw action at the Battle of the Bulge, was in the first American artillery battalion across the Rhine, and earned a bronze star.Script error: No such module "Unsubst".

Career

Following graduation, Garrett remained at Harvard Law School as a teaching fellow. He was assistant professor of law at New York University School of Law from 1950 to 1952. In 1952, he joined the Chicago law firm Gardner Carton & Douglas.[1]

In 1954, he joined the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., and was director of the division of corporate regulation for four years. In 1958, he rejoined Gardner, Carton & Douglas.[1][3] He was a visiting lecturer at Northwestern University School of Law.[1] He was appointed chairman of the SEC by President Richard Nixon in August 1973 to replace G. Bradford Cook following the Watergate scandal. He served in the role until October 1975.[1][3] He spearheaded the demise of fixed commissions on stock transactions, which met with mixed results.Script error: No such module "Unsubst".

Garrett was a member of the board of directors of the Chicago, Milwaukee, St. Paul and Pacific Railroad. He was on the board of the Chicago Title and Trust Company.[3] In 1965, he was chairman of the section of corporation banking and business law of the American Bar Association. He was chairman of the advisory committee for the corporate department financing department of the American Bar Foundation.[3] He participated in revising Parts VII through XI of the American Law Institute's Federal Securities Code which was published the year he died, and was a frequent contributor to journals in his field.Script error: No such module "Unsubst".

Personal life

Garrett married Virginia Hale, daughter of John T. Hale, on July 27, 1943.[1][2] They had three daughters, Nancy, Susan and Anne.[1] He lived on Myrtle Street in Winnetka, Illinois.[1][3]

Garrett died on February 3, 1980, at Evanston Hospital in Chicago.[1]

Legacy

The Ray Garrett Jr. Corporate and Securities Institute at Northwestern University was established in memory of Garrett.Script error: No such module "Unsubst".

References

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External links

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Government offices
Preceded byTemplate:S-bef/check Securities and Exchange Commission Chair
1973 – 1975 Template:S-ttl/check
Template:S-aft/check Succeeded by

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