SEC: Securities and Exchange Commission Flashcards
1
Q
What did the Securities and Exchange commission (SEC) do?
A
- It regulated the stock and bond markets.
- stopped bankers from buying on margin
- helped avoid a second crash
2
Q
What does the SEC stand for?
A
Securities and Exchange Commission
3
Q
When did the SEC form?
A
1934
4
Q
Was the SEC part of Roosevelt’s first or second new Deal?
A
1st; it was part of what was known as “The Hundred Days”to get thing going again