To which organization did Congress grant the power to punish dishonest dealers of stocks?

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2026-04-19 11:25

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Congress granted the power to punish dishonest dealers of stocks to the Securities and Exchange Commission (SEC). Established in 1934, the SEC was created to enforce federal securities laws, protect investors, maintain fair and efficient markets, and facilitate capital formation. Its authority includes investigating fraudulent activities and imposing penalties on those who violate securities regulations.

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