Pecora hearings on Wall Street practices

E518292

The Pecora hearings on Wall Street practices were a series of early 1930s U.S. Senate investigations into stock market abuses and financial corruption that exposed widespread misconduct in the banking industry and helped spur major New Deal financial reforms.

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Label Occurrences
Pecora hearings on Wall Street practices canonical 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf United States Senate investigation ⓘ
congressional hearing ⓘ
financial scandal investigation ⓘ
aimedAt curbing speculative abuses ⓘ
protecting small investors ⓘ
restoring confidence in the financial system ⓘ
appliesToJurisdiction United States ⓘ
causeOf Glass–Steagall Act ⓘ
Securities Act of 1933 ⓘ
Securities Exchange Act of 1934 ⓘ
creation of the Securities and Exchange Commission ⓘ
chairperson Duncan U. Fletcher ⓘ
chiefCounsel Ferdinand Pecora ⓘ
country United States ⓘ
describedBySource U.S. Senate Committee on Banking and Currency records ⓘ
endTime 1934 ⓘ
genre public inquiry ⓘ
hasEffect increased public distrust of Wall Street ⓘ
strengthening of federal financial regulation ⓘ
support for New Deal financial reforms ⓘ
hasPart investigation of Wall Street practices ⓘ
investigation of banking industry misconduct ⓘ
investigation of stock market abuses ⓘ
historicalPeriod early 1930s in the United States ⓘ
legislativeBody United States Senate ⓘ
location Washington, D.C. ⓘ
mainSubject commercial banking ⓘ
financial corruption ⓘ
investment banking ⓘ
securities industry ⓘ
stock market regulation ⓘ
namedAfter Ferdinand Pecora ⓘ
partOf early New Deal reform efforts ⓘ
response to the Wall Street Crash of 1929 ⓘ
pointInTime Great Depression ⓘ
significantEvent exposure of insider loans to bank officers ⓘ
exposure of stock market manipulation ⓘ
revelation of securities sales abuses ⓘ
revelation of tax avoidance by bankers ⓘ
significantParticipant Charles E. Mitchell ⓘ
Chase National Bank ⓘ
linked to: Chase Bank

Ferdinand Pecora ⓘ
J. P. Morgan Jr. ⓘ
J.P. Morgan & Co. ⓘ
linked to: JPMorgan Chase

Kuhn, Loeb & Co. ⓘ
National City Bank of New York ⓘ
startTime 1932 ⓘ

How these facts were elicited

Referenced by (1)

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

Creation of the Securities and Exchange Commission → influencedBy → Pecora hearings on Wall Street practices ⓘ