219k views
2 votes
Why was the securities exchange commision created


1 Answer

2 votes

In 1934, the SEC was created to restore investors confidence in the stock market after the complete collapse of the market in 1929. The market collapsed in 1929, in part, due to the lack of regulation so it was hoped that the SEC would keep 1929 from happening again.

User Alvivi
by
8.7k points

Related questions

asked Jan 1, 2020 25.0k views
PDKnight asked Jan 1, 2020
by PDKnight
8.5k points
1 answer
0 votes
25.0k views
asked Nov 13, 2021 199k views
Wharfdale asked Nov 13, 2021
by Wharfdale
7.5k points
1 answer
2 votes
199k views