The purpose of the SEC was and unchanging is to carry out the mandates of the Securities Act of 1933: To protect investors and maintain the union of the securities market by amendin g the current laws, creating new laws and seeing to it that those laws are enforced. During the 1920s, approximately 20 million Americans took advantage of post-war prosperity by purchasing shares of stock in various securities exchanges. When the stock market crashed in 1929, the fortunes of many investors were lost. In addition, banks lost great sums of property in the Crash because they had inves...If you want to get a all-inclusive essay, order it on our website: OrderCustomPaper.com
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