Question

Among the first laws passed by FDR was the Truth-in-Securities Act. How did it support his New Deal goals? (him being Roosevelt)

A) The laws purpose was to make sure farmers investments were safe.

B) The laws goal was to prevent another economic crash

C) The law was focused on helping those who lost money in the stock marlet crash.

D) The law was mainly enacted as a way to reignite the economy.

Please help, thank you!

Answer 1

the correct option is B

B) The laws goal was to prevent another economic crash
The primary purpose of the '33 Act is to ensure that buyers of securities receive complete and accurate information before they invest in securities.The law bolsters and helps to maintain investor confidence which in turn supports the stock market.