Which U.S. president signed the Securities Act of 1933 after the 1929 stock-market crash?

Franklin D. Roosevelt signed the Securities Act of 1933 after the 1929 stock-market crash.

The law was enacted during Roosevelt’s first year as president and formed a central part of the New Deal’s response to the financial damage of the early 1930s. It required companies offering securities to provide investors with important financial and business information, subject to specified exemptions. Its goal was to improve disclosure and reduce misleading or incomplete information in securities offerings.

The act is often described as the first major federal securities law in the United States. It did not create the Securities and Exchange Commission; that came through the Securities Exchange Act of 1934. The 1933 law instead focused mainly on the initial public offering and distribution of securities.

Herbert Hoover was president when the crash began, but Roosevelt took office in March 1933 and signed the act that May.