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This is an example of the stock market in 1933 (below).

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Was this a responsible use of federal money?

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Was this a responsible use of federal money?

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I believe that funding this program was and still is a responsible use of federal money. This is because of how well it benefits the economy by not losing stocks, and keeping people's stocks safe which makes people feel more safe.

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During the time that this act was created, 1933, people might have been very critical of this act for various reasons. They might have believed that there were more important things to fund, like giving more support to the needy/unemployed. They might have also thought that it wouldn't work or it wouldn't last very long before it failed.

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The Securities and Exchange Commission. This was a government commission created by Congress. This did practically the same thing as the Federal Securities Act, but another thing it did was monitor the corporate takeovers in the U.S.

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I think that the Federal Securities Act act was successful. This is because if it was not successful, it wouldn't still be used today, which it still is. It is successful because it protects your stocks, which are an important part to many people's wealth. And it protected the stock market from any fake activity.

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This act was the first major federal legislation to regulate the sale of securities. Before the Stock Market Crash of 1929, the sale of securities were mainly governed by state laws. The stocks being governed by state laws did not protect or monithem enough.

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One main goal of the Federal Securities Act was to make sure that buyers of securities (or stocks) received correct information before they invested in buying securities (also to let the buyers know what they were getting themselves into). Another goal of this act was to create laws for the stock market against misrepresentation, or fake activity.