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The US Civil War: Which Historical Events Show That Financial Intermediaries Were Not Developed in The US?
The US Civil War: Which Historical Events Show That Financial Intermediaries Were Not Developed in The US?
World
War I
Lasted from 28 July 1914 to 11 November 1918
In 1933 another major banking panic led to the closing of banks
for an extended period
The Securities Exchange Act of 1934 created the SEC -> gave the
SEC extensive power to regulate the securities industry,
including the New York Stock Exchange.