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Securities Exchange Act of 1934

Reagan Was Wrong: The Nine Most Terrifying Words Are, "I'm a Libertarian and the Market Will Save You"

Mitchell Bard | Posted 05.25.2011 | Politics
Read More: Bill Clinton, Securities Exchange Act of 1934, Obama Muslim, Tea Party Racism, Rush Limbaugh, Ronald Reagan, Financial Reform, President Obama, George W. Bush, Enron, Credit Rating Agencies, Franklin Roosevelt, Libertarian, Gulf Oil Spill, Financial Collapse, Obama Birth Certificate, Tea Baggers, George H.W. Bush, Deregulation, Securities Act of 1933, Fox News, Free Market, Socialism, Tea Party, Glass-Steagall, Politics News
Mitchell Bard

I don't agree with Reagan. I'm not scared of the government trying to help. But I am terrified of an unfettered free market.

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FDR Had It Right: Consumer Protection Is About Ideas, Not Acronyms

Jesse Strauss | Posted 05.25.2011 | Politics
Read More: Financial Regulatory Reform, Disclosure, Senate Banking Committee, Consumer Financial Protection Agency, Council of Regulators, Securities Act of 1933, Office of the Comptroller of the Currency, Federal Reserve, Franklin Roosevelt, Securities-Exchange-Act-of-1934, Securities and Exchange Commission, Consumer Protection, Politics News
Jesse Strauss

History instructs that the "independence" of the regulator is beside the point. Consumer protection depends on altering the fundamental relationship between the buyers and sellers of financial products.

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One Lesson from the 1930s: Financial Regulation Has to Be Bold

Mitchell Bard | Posted 05.25.2011 | Politics
Read More: Securities Exchange Act of 1934, John Boehner, Gramm-Leach-Biley Act, Franklin Roosevelt, Democrats, Barack Obama, Gillian Tett, Centrist Democrats, Securities Act of 1933, Financial Crisis, Banks, New York Times, Glass-Steagall Act, Daniel Gross, Paul Krugman, Financial Institutions, American Economy, Republicans, Great Depression, Economy, Politics News
Mitchell Bard

Contrary to what John Boehner says, a big foot needs to be placed on the financial industry to make sure that last year's near collapse can never happen again.

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