In 1934 Congress sought to regulate stock exchanges and end ...

[luvbio]

In 1934 Congress sought to regulate stock exchanges and end rampant insider speculation that had ruined so many by forming the Securities and Exchange Commission with the passage of
 
  a. the Consumer Financial Protection Act.
  b. the Dodd-Frank Wall Street Reform and Consumer Protection Act.
  c. the Securities Act.
  d. the Troubled Assets Relief Program.
  e. the Securities Exchange Act.

Question 2

Before 1933, Congress had never dared to comprehensively regulate the sale of securities or the trading of those securities through a secondary market, which led to
 
  a. a lack of people willing to invest.
  b. stringent self-regulation.
  c. average citizens gaining access to once-elite investment opportunities.
  d. competition and lack of cooperation between operations.
  e. fraud and irresponsibility on Wall Street.

[dajones82]

Answer to Question 1

ANS: E

Answer to Question 2

ANS: E

[luvbio]

TYSM

[gcook]

Excellent