The federal securities laws are rooted in the stock market crash of __________ and represent one of the major reforms offered in the New Deal era.

Question

Quizplus · Accepted Answer

The federal securities laws were enacted following the stock market crash of 1929, which was a major catalyst for the Great Depression. This event led to significant reforms in the financial sector, including the introduction of federal securities laws during the New Deal era to prevent such a crisis from happening again.

The Federal Securities Laws Are Rooted in the Stock Market