These Presidential historical materials are in the custody of the National Archives and Records Administration under the provisions of Title I of the Presidential Recordings and Materials Preservation Act of 1974 (44 U.S.C. 2111 note), and implementing regulations. In accordance with the act and regulations, archivists reviewed the file group to identify private or personal as well as non-historical items. Such items, if found, have been withdrawn for return to the individual with primary proprietary or commemorative interest in them.
Materials covered by this act have been archivally processed and are described in this finding aid. Items that are security classified or otherwise restricted under the act and regulations have been removed and placed in a closed file. A Document Withdrawal Record (NA Form 14021) has been placed in the front of each folder describing each withdrawn item. Employees of the National Archives will review periodically the unclassified portions of closed materials for the purpose of opening those which no longer require restrictions. Classified documents may be reviewed for declassification under authority of Executive Order 13526 in response to Mandatory Review Request (NA Form 14020) submitted by the researcher.
- Linear measurement of materials: 2 in.
- Approximate number of pages: 300
The Securities Investor Protection Corporation (SIPC) was established by the Securities Investor Protection Act of 1970 (84 Stat. 1636). The Corporation was an independent non-profit member organization which administered a fund designed to provide limited investor protection against the financial failure of brokerage firms. These funds came from an assessment of the members. A Board of Directors governed the Corporation. It consisted of seven members; five appointed by the President and one each by the Secretary of the Treasury and the Board of Governors of the Federal Reserve System. The Corporation fell under the general oversight of the Securities and Exchange Commission (SEC).
The records consist of correspondence, memorandums, reports, personnel actions, and press releases. Primary correspondents include the President, George Crawford, Charles Colson, David Parker, Peter Flanigan, Bruce Kehrli, and Alexander Haig. Topics include insurance protection for commodities trading, proposed increases in SEC regulations, SIPC recommendations to further investor protection, and appointments to the Board of Directors. Corresponding oversized attachments have been processed and integrated into the files.
The terms Executive and General are used before the code FG 304 generally to determine the source of the materials. Items designated Executive are communications among national, foreign, state and local governments and their agencies, Members of Congress, and other prominent people. Items designated General are communications between Government officials and private citizens, institutions, and other private interests.
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