How Did The New Deal Strengthen Or Weaken The Usa Capitalism

New Deal Project In 1930 the Great Depression hit and the U.S. was in biggest economic depression in history. So in 1933 americans elected Franklin D. Roosevelt president to regulate the economy. After Franklin D. Roosevelt got elected he started the New Deal. As part of the New Deal Franklin D. Roosevelt created the U.S. Securities and Exchange Commission and the Social Security Act. In 1934 Franklin D. Roosevelt passed the Securities Exchange act which created the U.S. Securities and Exchange Commission. The Securities and Exchange Commission’s main goal of it was to regulate the stock market and prevent corporate abuses relating to the offering and sale of securities and corporate reporting. The Securities and Exchange Commission helped companies whose
To this day the U.S. Securities and Exchange Commission and Social Security Acts are still in effect. The U.S. Securities and Exchange Commission today is responsible for administering seven major laws that govern the securities industry. They are: the Securities Act of 1933, the securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company of 1940, the Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002 and most recently the Credit Rating Agency Reform Act of 2006. The enforcement authority given by Congress allows the Securities and Exchange Commission to bring civil enforcement actions against individuals or companies alleged to have committed accounting fraud, provided false information, or engaged in insider trading or other violations of the securities law. The Securities and Exchange Commission also works with criminal law enforcement agencies to prosecute individuals and companies alike for offenses which include a criminal violation. The Social Securities Acts and Social Security Administration toady are the most popular government program and touches the life of every worker