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may 29, 1933 - Federal Securities Act in effect (May 1933)

Description:

New Dealers wanted to curb "money changers" who played w/ gullible investors before Wall Street crash in 1929; required promoters to transmit to investors sworn information regarding soundness of stocks & bonds;

Added to timeline:

20 Jan 2019
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Date:

may 29, 1933
Now
~ 92 years ago