Congress enacted legislation in 1933 to regulate the securities industry and prohibit various forms of fraud with securities. the securities exchange act of 1934 was passed a year later. this law created the securities and exchange commission (sec) as an independent regulatory entity whose function is to administer the two laws. the sec has generated rules and regulations to administer these acts. these rules and regulations are:

Explanation:  The Transaction Confirmation rule: Through this rule, it is sought that the intermediary agents confirm the transaction they have had with a client, clearly specifying the date and time in which said transaction was carried out to avoid fraud by representatives who They are registered.

The Accounts and Records rule: Its objective is to cover the report and the maintenance of the financial records, as well as the transactions that are carried out abroad, trying to make this period as long as possible. All in order to avoid fraud and manipulation and greater transparency in financial activities.

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john maynrd keynes developed new economic respose to the                           ( b. great depression if the 1930's)