USA HISTORY

THE GREAT DEPRESSION 1929 1940

FRANKLIN D ROOSEVELTS NEW DEAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Created to regulate and reform financial practice, particularly buying stocks on credit
A
National Labor Relations Board
B
Social Security
C
Public Works Authority
D
Securities and Exchange Commission
Explanation: 

Detailed explanation-1: -The Securities and Exchange Commission (SEC) was created under authority of the Securities Exchange Act of 1934 (15 U.S.C.

Detailed explanation-2: -History of the Securities Exchange Act of 1934 The SEA of 1934 was enacted by Franklin D. Roosevelt’s administration as a response to the widely held belief that irresponsible financial practices were one of the chief causes of the 1929 stock market crash.

Detailed explanation-3: -The Securities and Exchange Commission (SEC) is the federal government agency responsible for regulating and enforcing federal securities laws.

Detailed explanation-4: -The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.

There is 1 question to complete.