Securities Act Enacted: New Deal Ends Wall Street Chaos
Congress passed the Securities Act of 1933 to force issuers to disclose every material fact about their offerings, shifting power from state "merit reviews" to a national standard of transparency. This legislation established strict liability for anyone signing a registration statement, ensuring investors received complete financial data before buying securities and preventing the concealment of risks that fueled the Great Depression.
June 6, 1934
92 years ago
Key Figures & Places
What Else Happened on June 6
A dying emperor handed his empire to a seven-year-old. Alexander, Leo VI's brother, spent his brief reign undoing everything his predecessor built — then collap…
A massive earthquake estimated between magnitude 8.2 and 8.8 struck the Lo Mustang region, leveling structures across Tibet and Nepal. The tremors devastated Ka…
Venetian forces crushed Maximilian I’s army in Friuli, forcing the Holy Roman Emperor to retreat and abandon his campaign to reach Rome for his imperial coronat…
Venetian forces crushed Maximilian I’s army in Friulia, forcing the Holy Roman Emperor to sign a humiliating three-year truce. This defeat halted Habsburg expan…
Swiss mercenaries routed the French army at Novara, driving Louis de la Tremoille's forces out of Milan and restoring Duke Massimiliano Sforza to power. The vic…
Gustav Vasa was elected King of Sweden in 1523, marking the end of the Kalmar Union and the establishment of a sovereign Swedish state. This event is significan…
Talk to History
Have a conversation with historical figures who witnessed this era. Ask questions, explore perspectives, and bring history to life.