Do you believe the Securities Act of 1933 and the Securities Exchange Act of 1934 were necessary? Explain your answer. 100 words please.© BrainMass Inc. brainmass.com May 20, 2020, 11:17 pm ad1c9bdddf
Both acts were definitely needed and they still hold a critical role in the markets today. The Securities Act of 1933 was created after the stock market crash of 1929. When the stock market crashed, investors screamed in favor of regulation. As a result, the Securities Act mandated several critical areas for investors. According to the Act, companies had to disclose certain ...
This solution explains if and why the Securities Act of 1933 and the Securities Exchange Act of 1934 were necessary. Each Act is discussed separately.