National Institute of Advertising, Marketing, and Society Act

[AI summary unavailable — showing source text] National Institute of Advertising, Marketing, and Society Act - Sets forth the policy and purpose of this Act. Establishes within the Federal Trade Commission an agency to be known as the National Institute of Advertising, Marketing, and Society. Provides that the Institute shall be headed by a Director, who shall be appointed by the President, by and with the advice and consent of the Senate, for a term of 6 years. Place the Director under the general supervision of the Chairman of the Federal Trade Commission and makes him responsible for carrying out the functions of the Institute and gives him authority and control over all personnel and activities of the Institute. Provides that a Deputy Director of the Institute shall be appointed by the President, by and with the advice and consent of the Senate, for a term of 6 years. Gives the Deputy Director such duties and such powers as the Director may prescribe and authorizes the Deputy Director to act for, and exercise the powers of, the Director during his absence or disability: (1) the undertaking, on its own initiative, of research projects concerning the impact of advertising and marketing upon society, particularly the psycholog…