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SEC
Posted By: TradersLog
The Federal regulatory agency established in 1934 to administer Federal securities laws. Banks and investors had lost great sums of money in the crash of 1929, and the depression that followed caused people to loose confidence in the markets. To restore investor confidence, Congress passed the Securities Act of 1933 and the Securities Exchange Act of 1934. The Securities and Exchange Commission was created to protect investors and regulate the securities markets.
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