FOR IMMEDIATE RELEASE:  April 12, 1987


                   DR. RONALD S. BOND RECEIVES
                   THE PRESIDENTIAL RANK AWARD
                FOR BEING A MERITORIOUS EXECUTIVE


     Dr. Ronald S. Bond today was awarded the Presidential Rank
Award as a Meritorious Executive by President Ronald Reagan.
Federal Trade Commission Chairman Daniel Oliver, who nominated
Dr. Bond, presented the award.  The Presidential Rank Award is
given to men or women of the Senior Executive Service who are
recognized by their departments and agencies, and by the entire
federal government, for outstanding contributions to the
management of the government's programs.
     In presenting the award, Chairman Oliver said, "Dr. Bond is
recognized throughout the FTC for his achievements as an
executive and an economist.  He is recognized both inside and
outside the agency for his expertise in the economics of
regulation, particularly in the area of professional services."
     Dr. Bond was appointed to the Senior Executive Service in
1979 by former Chairman Michael Pertschuk; he received an SES
Performance Award in 1981 from former Acting Chairman David
Clanton; and he received another SES Performance Award in 1985
from former Chairman James Miller.
     Dr. Bond has served as a Deputy Director in the Bureau of
Economics, one of the FTC's three major bureaus, since 1979.  In
that position, Dr. Bond has been the senior manager responsible
for the management and operation of the bureau, has directed its
economic research activities, and has provided economic support
to the agency's consumer protection law enforcement activities.
Dr. Bond also played a central role in achieving cost savings in
the bureau during the 1980s.
     In addition, Dr. Bond is the author of scholarly research.
He co-authored a major study, which received considerable
attention and praise in economic, legal, and political areas.
The study analyzed the effects of state restrictions on
advertising and commercial practices by professionals, and
concluded that such restrictions raise the prices consumers pay
for professional services by about 33 percent.  The study has
become the principal survey evidence for an ongoing major
Commission rulemaking that could overturn state laws restricting
commercial practices in the optometry profession.
     Dr. Bond's many contributions to Commission management and
economic analysis have been a tremendous benefit to the FTC and
the public, thus meriting him a Presidential Rank Award.

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MEDIA CONTACT:  Dee Ellison, Office of Public Affairs, 202-326-
                2177


[Bond]