Executive Order 10814—Inspection of Statistical Transcript Cards and Corporation and Individual Income Tax Returns by the Securities and Exchange Commission

By virtue of the authority vested in me by section 55 (a) of the Internal Revenue Code of 1939 (53 Stat. 29; 54 Stat. 1008; 55 Stat. 722; 26 U.S.C. 55(a)) and by section 6103(a) of the Internal Revenue Code of 1954 (68A Stat. 753; 26 U.S.C. 6103(a)), and in the interest of the internal management of the Government, it is hereby ordered that statistical transcript cards prepared by the Internal Revenue Service from income tax returns of corporations made for taxable years ending after December 31, 1952, and corporate and individual income tax returns made for taxable years ending after December 31, 1956, shall be open to inspection by the Securities and Exchange Commission as may be needed in gathering statistical information in carrying out its functions under the Securities Exchange Act of 1934, approved June 6, 1934 (48 Stat. 881; 15 U.S.C. 78a-78jj), as amended, or in complying with directives or recommendations of the Bureau of the Budget pursuant to section 103 of the Budget and Accounting Procedures Act of 1950, approved September 12, 1950 (64 Stat. 834; 31 U.S.C. 18b), relating to the development of programs for preparing statistical information by Executive agencies. Such inspection shall be in accordance and upon compliance with the rules and regulations prescribed by the Secretary of the Treasury in the two Treasury decisions, relating to the inspection of certain transcript cards and income tax returns by the Securities and Exchange Commission, approved by me this date.

This order shall be effective upon its filing for publication in the FEDERAL REGISTER.

DWIGHT D. EISENHOWER

THE WHITE HOUSE,

April 29, 1959.