The Securities And win over armorial bearing Morgan Bennett Mr. Harris History Honors- Per 5 April 2001 The Securities and vary Commission In 1934 the Securities Exchange numeral created the SEC (Securities and Exchange Commission) in response to the stock food market disperse of 1929 and the Great clinical depression 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 stock-still is to carry out the mandates of the Securities Act of 1933: To protect investors and maintain the justice of the securiti es market by amending the reliable laws, creating new laws and seeing to it that those laws are enforced. During the 1920s, approximately 20 meg 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 notes in the Crash because they had inves...If you want to eviscerate a skillful essay, order it on our website: OrderCustomPaper.com
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