Historical Events tagged with "fifteen-point program"

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Economics & Industry

New Measures to Restore Stock Market Confidence

October 31st, 1938 86 years ago

In a significant move, the New York Stock Exchange introduced a fifteen-point program aimed to improve investor protection and restore confidence among the public. This initiative emerged in response to the severe economic downturn of the Great Depression, which had eroded trust in financial markets. The program's comprehensive measures included increased transparency and stricter regulations to safeguard the interests of investors. Stakeholders, regulators, and the general public alike looked for reassurance that the market would not collapse again. Implementation of these guidelines was intended to revitalize the economy and rebuild the relationship between investors and the stock market.

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