What did the FDR administration create to help regulate the stock market?

1 Answer
BRIAN M.
Jun 5, 2016

The Federal Securities Act of 1933

Explanation:

The Federal Securities Act of 1933 put the regulation of the offer and sales of securities under the federal government. Prior to this, these laws fell under "blue sky laws" under state guidelines.

The Federal Securities Act required full disclosure of all material and information necessary for a "reasonable" shareholder would need to know in order to invest in those securities.

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