Creation of the Securities and Exchange Commission

E121159

The Creation of the Securities and Exchange Commission was a landmark New Deal reform that established a federal agency to regulate U.S. financial markets and restore investor confidence after the 1929 stock market crash.

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Statements (43)

Predicate Object
instanceOf New Deal reform ⓘ
financial regulatory reform ⓘ
historical event ⓘ
aimedAt curbing market manipulation ⓘ
improving transparency in financial reporting ⓘ
reducing fraudulent securities offerings ⓘ
country United States ⓘ
establishedAgency Securities and Exchange Commission ⓘ
hasEffect enhanced enforcement against insider trading ⓘ
federal oversight of securities exchanges ⓘ
mandatory corporate disclosure requirements ⓘ
registration of securities offerings ⓘ
regulation of broker-dealers ⓘ
regulation of stock exchanges ⓘ
hasLongTermImpact increased federal role in financial markets ⓘ
model for securities regulators in other countries ⓘ
modern framework of U.S. securities regulation ⓘ
hasOutcome establishment of the U.S. Securities and Exchange Commission ⓘ
hasProduct U.S. Securities and Exchange Commission ⓘ
hasPurpose prevention of securities fraud ⓘ
promotion of fair and orderly markets ⓘ
protection of investors ⓘ
regulation of U.S. securities markets ⓘ
restoration of investor confidence ⓘ
historicalContext Great Depression-era legislation ⓘ
post-1929 crash financial reforms ⓘ
implementedBy U.S. federal government ⓘ
United States Congress ⓘ
influencedBy Pecora hearings on Wall Street practices ⓘ
public outrage over 1920s speculative abuses ⓘ
legalBasis Securities Exchange Act of 1934 ⓘ
locatedInJurisdiction federal jurisdiction of the United States ⓘ
motivatedBy 1929 stock market crash ⓘ
Great Depression ⓘ
partOf New Deal ⓘ
U.S. financial regulatory reforms of the 1930s ⓘ
precededBy Securities Act of 1933 ⓘ
proposedBy Franklin D. Roosevelt administration ⓘ
regulates U.S. securities markets ⓘ
national securities exchanges ⓘ
over-the-counter securities trading ⓘ
startTime 1934 ⓘ
supportedBy President Franklin D. Roosevelt ⓘ

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Roosevelt administration → significantEvent → Creation of the Securities and Exchange Commission ⓘ