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When it comes to making laws that protect the public from the financial services industry, Congress has done a progressively worse job since the Pecora Commission hearings of the early 1930s, which led to Congress taking bold steps to regulate banking and securities firms in 1933 and 1934.

Gary Weiss

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Deutsche Übersetzung

Seit der Anhörung der Pecora-Kommission Anfang der dreißiger Jahre hat der Kongress zunehmend schlechtere Arbeit geleistet, als es darum ging, Gesetze zu erlassen, die die Öffentlichkeit vor der Finanzdienstleistungsbranche schützen. Dies führte dazu, dass der Kongress in den Jahren 1933 und 1934 mutige Schritte zur Regulierung von Bank- und Wertpapierfirmen unternahm .

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1930er Jahre / 1930s Bankgeschäfte / Banking Dienstleistungen / Services Erledigt / Done Fett gedruckt / Bold Finanzdienstleistungen / Financial Services Finanziell / Financial Früh / Early Gesetze / Laws Herstellung / Making Industrie / Industry Job Kommission / Commission Kongress / Congress LED / Led Nehmen / Taking Öffentlichkeit / Public Regulieren / Regulate Schlechter / Worse Schon seit / Since Schritte / Steps Schützen / Protect Welche / Which Wertpapiere / Securities

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