apr 24, 1934 - Securities and Exchange Act

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The Securities and Exchange Act of 1934 was enacted as part of the U.S. federal government's response to the stock market crash of 1929 and the subsequent Great Depression, aiming to restore investor confidence and bring stability to the financial markets. This law established the Securities and Exchange Commission (SEC), which was charged with regulating the securities industry, enforcing federal securities laws, and ensuring that stock markets operate in a fair and orderly manner.

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