NEWSWEEK, FEBRUARY 18, 1980
THIS IS A MEMORIAL WEBSITE. THE OBITUARY REPLICATED ON THIS PAGE IS FROM THE FAMILY'S MEMENTOES.

DIED: Ray Garrett, Jr., former chairman of the Securities and Exchange Commission, of cancer; in Evanston, Ill., Feb. 3. A Chicago corporate-law specialist, Garrett was appointed head of the SEC by President Nixon in 1973 in an effort to clean up the agency's scandal-smudged image. Under his tough two-year tenure, the SEC abolished fixed brokerage commissions and created an electronic securities "marketplace" so that investors across the country could compare stock prices on various exchanges.

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