Recent federal legislation affecting the securities business

TR Number
Journal Title
Journal ISSN
Volume Title
Virginia Agricultural and Mechanical College and Polytechnic Institute

The object in writing this thesis is to present, in compact form, a wholesome discussion of the legislation, affecting the securities business, passed by Congress since March 4, 1933, and presenting this information in a manner that may be easily understood by a student of finance. The two Acts which changed completely the complexion of the securities business were: The Securities Act of 1933 as Amended in 1934 and the Securities Exchange Act of 1934.

The scope of the work is divided into three chapters: Chapter One, gives a brief resume of the decade prior to the enactment of the two Acts discussed; Chapter Two, discusses The Securities Exchange Act of 1934; Chapter Three is a review of The Securities Act of 1933 as Amended in 1934.

The procedure used in the discussion of these Acts is in the form of a historical sketch of conditions and events leading up to their enactment, a brief summary of each Act, favorable and unfavorable discussions of the Acts, and conclusions.