THE SECURITIES EXCHANGE ACT OF 1934

Authors

John E. Tracy, University of Michigan Law School
Alfred Brunson MacChesney, University of Michigan Law School

Abstract

The Congress has enacted and the President has just signed an act for the regulation of stock exchanges, to be known as the Securities Exchange Act of 1934. In order that we may understand the nature of the Act and the reasons for its enactment, it will be well first to consider briefly the organization and functions of stock exchanges, the evils that are claimed to have arisen from their existence, and some of the previous attempts which have been made to prevent the occurrence of such evils.

Recommended Citation

John E. Tracy & Alfred B. MacChesney, THE SECURITIES EXCHANGE ACT OF 1934, 32 Mich. L. Rev. 1025 (1934).
Available at: https://repository.law.umich.edu/mlr/vol32/iss8/2