Work in progress — cycles are added one at a time. Every quote is machine-verified against an archived source; follow the links to read it.

1936 › Alf Landon (Republican) › Regulation of securities issuance and exchanges

Keep federal regulation of securities marketing and interstate utilities, vested in independent tribunals under definite standards subject to court review

pledge_forwarddirectional_stanceparty_platformevidence A Industry, Business & Regulation similar solutions · similar reasoning

Solution

Accept the field of salutary regulation but lodge it in independent commissions acting under 'clear and specific laws.'

Rationale

Regulation is 'desirable and salutary' within limits; determinations 'should be subject to review by the Courts.'

Statements (1)

1936-06-11 · Republican National Convention, Cleveland (platform) · conventionparty_platform ✓ verified

We favor Federal regulation, within the Constitution, of the marketing of securities to protect investors. We favor also Federal regulation of the interstate activities of public utilities.

Source: Republican Party Platform of 1936 (1936-06-09)

Follow-through

not_applicable

The SEC and the utility holding-company act continued unchanged.

Other positions on this issue

No implied government approval of foreign bond sales; officials will not try to move stock prices — Franklin D. Roosevelt, 1932 specific_pledge
Federal regulation of securities and commodity exchanges, interstate holding companies and interstate utility rates — Franklin D. Roosevelt, 1932 specific_pledge
Require full public disclosure on all offerings of stocks and bonds — Franklin D. Roosevelt, 1932 specific_pledge
No federal 'blue sky' law — securities regulation belongs to the states, and the President should not police booms — Herbert Hoover, 1932 directional_stance

1936-landon-regulate-securities-and-utilities-by-independent-tribunals · created by claude-fable-5-1 · review: unreviewed