As a result of the spectacular stock market crash in 1929, the government implement the Securities Act of 1933, the Securities Act of 1934, as well as which of the following acts:

Question

Quizplus · Accepted Answer

The Securities Act of 1933 and the Securities Act of 1934 were implemented in response to the stock market crash. The Glass-Steagall Act, which was enacted in 1933, separated commercial and investment banking activities to prevent another crash. The Investment Advisers Act was enacted in 1940 to regulate investment advisers. The Gramm-Leach-Bliley Act, which was enacted in 1999, repealed parts of the Glass-Steagall Act and allowed for the merging of commercial and investment banks. However, the Gramm-Leach-Bliley Act was not a response to the 1929 stock market crash. Therefore, the best choice is E, as only the Securities Act of 1933 and the Investment Advisers Act were directly related to the 1929 stock market crash.

As a Result of the Spectacular Stock Market Crash in 1929