Which U.S. market regulator was created after the 1929 Wall Street Crash?

The Securities and Exchange Commission was created after the 1929 Wall Street Crash.

The SEC was established in 1934 by the Securities Exchange Act, during the reform program of the New Deal era. Its creation followed investigations into stock-market practices and concerns about misleading information, market manipulation, and weak oversight during the 1920s boom.

The agency’s central mission is to protect investors, maintain fair and orderly markets, and facilitate capital formation. It oversees major parts of the U.S. securities markets and requires public companies to provide important financial information to investors.

The SEC is often confused with the Federal Reserve and the FDIC. The Federal Reserve conducts monetary policy and supervises certain financial institutions, while the FDIC insures eligible bank deposits. The SEC focuses primarily on securities markets, issuers, exchanges, brokers, and investment-related disclosures.