Federal Trade Commission Amendments

[AI summary unavailable — showing source text] Federal Trade Commission Amendments - Provides, under the Federal Trade Commission Act, that the appointment of any officer or employee of the Federal Trade Commission (other than a Commissioner) shall not be subject to review or approval by any entity within the Executive Office of the President. Requires that all recommendations by the Commission concerning legislation transmitted to the President or the Office of Management and Budget be concurrently transmitted to Congress. Makes cease and desist orders of the Commission final 60 days after such order is served unless stayed by an appropriate count. Requires the Commission to act upon a petition for the issuance, repeal, or amendment of a rule defining an unfair or deceptive act within 120 days after receipt of such petition. States that if such petition is for the issuance of a rule defining such an act and is denied or not acted upon by the Commission, the petioner may have a district court of the United States issue an order requiring the Commission to initiate such a rule if such court finds that the practices sought to be proscribed have a substantial adverse effect on a significant number of persons and that the Commissio…