In what year was the Securities and Exchange Commission formed?
A) 1928.
B) 1933.
C) 1942.
D) 2002.

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission was formed in 1933 through the Securities Exchange Act, which was signed into law by President Franklin D. Roosevelt as a response to the stock market crash of 1929 and subsequent Great Depression. Choice A (1928) is too early, choice C (1942) is after the SEC was already formed, and choice D (2002) is too late.

In What Year Was the Securities and Exchange Commission Formed