A bill to establish a Consumer Protection Study Commission in order to study the desirability and feasibility of establishing various administrative courts and transferring to such courts the adjudicatory, licensing, and rulemaking functions of various regulatory agencies.

[AI summary unavailable — showing source text] Establishes a Consumer Protection Study Commission composed of nine members appointed by the President by and with the advice and consent of the Senate. Describes the areas from which Commission members shall be chosen. Sets forth the functions of the Commission. Directs the Commission to study the desirability and feasibility of establishing administrative courts and transferring to them the adjudicatory, licensing, and rulemaking functions of various Federal agencies including the Federal Trade Commission, the Federal Communications Commission, and the Securities Exchange Commission. Directs the Commission to make recommendations with respect to maintaining within the agencies studied the prime consumer protection responsibilities related to the functions of such agencies. Requires the Commission to report its findings and recommendations to the President and to Congress within six months of the establishment of the Commission. Enumerates the powers of the Commission including subpena power. Authorizes the appropriation of such sums as may be necessary to carry out this Act.…