History of South America

What was the purpose of sec during roosevelts new deal?

The Securities and Exchange Commission (SEC) was created in 1934 as part of President Franklin D. Roosevelt's New Deal. The purpose of the SEC is to regulate the securities industry and protect investors from fraud and manipulation.

The SEC has a number of powers, including the ability to investigate and prosecute violations of the federal securities laws, register and regulate securities offerings, and set rules for the conduct of the securities industry. The SEC also has the authority to bring enforcement actions against companies and individuals who violate the federal securities laws.