US Securities Legislation (1930s-40s)

Extracted Attributes

• Impact

  Formed the basis of the Legacy Financial System

• Time Period

  1930s-1940s

• Primary Goal

  Provide full and fair disclosure of securities, prevent frauds, regulate securities exchanges and over-the-counter markets

• Key Legislation

  Securities Exchange Act of 1934

• Regulatory Body Established

  Securities and Exchange Commission (SEC)

Timeline

• Stock Market Crash of 1929, which served as a catalyst for the subsequent securities legislation. (Source: d14024ce-0d65-4655-8068-c663c1854a70)

  1929-10-29

• The Securities Act of 1933 was signed into law by President Franklin D. Roosevelt, requiring registration of securities and disclosure of information. (Source: https://en.wikipedia.org/wiki/Securities_Act_of_1933)

  1933-05-27

• The Securities Exchange Act of 1934 was enacted, providing for the regulation of securities exchanges and over-the-counter markets, and establishing the Securities and Exchange Commission (SEC). (Source: https://www.law.cornell.edu/wex/securities_exchange_act_of_1934)

  1934-06-06

Communist Party USA

The Communist Party USA (CPUSA), officially the Communist Party of the United States of America, is a far-left communist party in the United States. It was established in 1919 in the wake of the Russian Revolution, emerging from the left wing of the Socialist Party of America (SPA). The CPUSA sought to establish socialism in the U.S. via the principles of Marxism–Leninism, aligning itself with the Communist International (Comintern), which was controlled by the Soviet Union. The CPUSA's early years were marked by factional struggles and clandestine activities. The U.S. government viewed the party as a subversive threat, leading to mass arrests and deportations in the Palmer Raids of 1919–1920. Despite this, the CPUSA expanded its influence, particularly among industrial workers, immigrants, and African Americans. In the 1920s, the party remained a small but militant force. During the Great Depression in the 1930s, the CPUSA grew in prominence under the leadership of William Z. Foster and later Earl Browder as it played a key role in labor organizing and anti-fascist movements. The party's involvement in strikes helped establish it as a formidable force within the American labor movement, particularly through the Congress of Industrial Organizations (CIO). In the mid-1930s, the CPUSA followed the Comintern's "popular front" line, which emphasized alliances with progressives and liberals. The party softened its revolutionary rhetoric, and supported President Franklin D. Roosevelt's New Deal policies. This shift allowed the CPUSA to gain broader acceptance, and its membership surged, reaching an estimated 70,000 members by the late 1930s. On the outbreak of World War II in 1939, the CPUSA initially opposed U.S. involvement, but reversed its stance after Germany invaded the Soviet Union in 1941, fervently supporting the war effort. The Popular Front era of CPUSA lasted until 1945, when Earl Browder was ousted from the party and replaced by William Z. Foster. As the CPUSA's role in Soviet Espionage activities became more widely known, the Party suffered dramatically at onset of the Cold War. The Second Red Scare saw the party prosecuted under the Smith Act, which criminalized advocacy of violent revolution and led to high-profile trials of its leaders. This decimated the CPUSA, reducing its membership to under 10,000 by the mid-1950s. The Khrushchev Thaw and revelations of Joseph Stalin's crimes also led to internal divisions, with many members leaving the party in disillusionment. The CPUSA struggled to maintain relevance during the social movements of the 1960s and 1970s. While it supported civil rights, labor activism, and anti–Vietnam War efforts, it faced competition from New Left organizations, which rejected the party's rigid adherence to Soviet communism. The Sino-Soviet split further fractured the communist movement, with some former CPUSA members defecting to Maoist or Trotskyist groups. Under the leadership of Gus Hall (1959–2000), the CPUSA remained loyal to the Soviet Union even as other communist parties distanced themselves from Moscow's policies, which marginalized it within the American left. The collapse of the Soviet Union in 1991 dealt a devastating blow to the party, leading to financial difficulties and a further decline in membership. In the 21st century, the CPUSA has focused on labor rights, racial justice, environmental activism, and opposition to corporate capitalism. The CPUSA publishes the newspaper People's World and continues to engage in leftist activism.

Web Search Results

• g:\comp\sec\securities exchange act of 1934.xml

  AN ACT To provide for the regulation of securities exchanges and of over-the- counter markets operating in interstate and foreign commerce and

• Securities Act of 1933 - Wikipedia

  Jump to content ## Contents * Page information * Download QR code * Download as PDF Roosevelt on May 27, 1933 | Any use of a telephone, for example, or the mails might be enough to subject the transaction to the statute. Roosevelt. Unless they qualify for an exemption, securities offered or sold to a United States Person must be registered by filing a registration statement with the SEC. * information about the securities (if other than common stock); and Rule 144A, adopted in April 1990, provides a safe harbor from the registration requirements of the Securities Act of 1933 for certain private (as opposed to public) resales of restricted securities to qualified institutional buyers. ROOSEVELT (1933-45) AND HARRY S.

• Securities Exchange Act of 1934 | Wex | US Law

  The Securities Exchange Act requires disclosure of important information by anyone seeking to acquire more than 5 percent of a company's securities by direct purchase or tender offer. Section 4 of the Exchange Act established the Securities and Exchange Commission (SEC), which is the federal agency responsible for enforcing securities laws. The SEC enforces statutory disclosure requirements bringing enforcement actions against companies that disseminate fraudulent or incomplete information in violation of federal securities laws. Under the Exchange Act, the SEC can sanction, fine, or otherwise discipline market participants who violate federal securities laws. To further this goal, all securities traded on the securities exchanges must be registered under Sections 12(a) and 12(b) of the Exchange Act (codified in 15 U.S.C.

• [PDF] g:\comp\sec\securities act of 1933.xml - GovInfo

  AN ACT To provide full and fair disclosure of the character of securities sold in interstate and foreign commerce and through the mails, and to prevent frauds

• Securities Exchange Act of 1934

  Jump to content ## Contents * 1 Securities exchanges Edit links Please help improve this article by adding citations to reliable sources. | Titles amended | 15 U.S.C.: Commerce and Trade | | Legislative history | Contrasted with the Securities Act of 1933, which regulates these original issues, the Securities Exchange Act of 1934 regulates the secondary trading of those securities between persons often unrelated to the issuer, frequently through brokers or dealers. ## Securities exchanges The filed reports are available to the public via EDGAR. Section 10(b) is codified at 15 U.S.C. * Securities regulation in the United States Related legislation Retrieved October 9, 2007. Retrieved from "" Categories: * 1934 in American law Hidden categories: