The Securities And Exchange committal Morgan Bennett Mr. Harris History Honors- Per 5 April 2001 The Securities and Exchange Commission In 1934 the Securities Exchange Act created the SEC (Securities and Exchange Commission) in response to the stock merchandise crash of 1929 and the Great slump of the 1930s. It was created to protect U.S. investors against malpractice in securities and financial markets.
The purpose of the SEC was and electrostatic is to carry out the mandates of the Securities Act of 1933: To protect investors and maintain the oneness of the securities market by amending the current laws, creating new laws and seeing to it that those laws argon enforced. During the 1920s, approximately 20 million Americans took advantage of post-war prosperity by purchasing shares of stock in various securities exchanges. When the stock market crashed in 1929, the fortunes of many investors were lost. In addition, banks lost great sums of currency in the Crash because they had inves...If you want to get a panoptic essay, order it on our website: Ordercustompaper.com
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