The Federal Trade Commission was created on September 26, 1914 the date when the law was passed. 1914 Federal Trade Commission Act (FTC Act) Woodrow Wilson was the 28th American President who served in office from March 4, 1913 to March 4, 1921. Former section 300.1 of Title 6, Code of Federal Regulations, promulgated on Oct. 15, 1961, by the Administrator of the Farmers Home Administration, published in 26 F.R. 10031, provided: “The Consolidated Farmers Home Administration Act of 1961 (7 U.S.C. 1921) [this chapter], is hereby made effective on October 15, 1961, except (a) as to its