Great Depression - Securities Act of 1933 is enacted
Time: Saturday May 27, 1933
Place: U.S.
Details: The Securities Act of 1933 is enacted, requiring the registration of all sales and purchases of financial securities, as well as the disclosure of critical financial information about the firms involved. The U.S. Securities and Exchange Commission was established the following year, which helped combat insider trading and reducing transaction risk.
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May 1933
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