The New Deal I (1933 – 1934) continues: Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq.—without a constitutional amendment—signs the Fletcher-Rayburn Truth in Securities Act, usurping the lawful authority of the states to regulate the securities industry.

       NOTE: As an attorney (Officer of the Court) Roosevelt was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].

       [restored 7/8/2022] Thanks to Jim Lorenz for this entry.

Subsequent Events:

6/6/1933                   3/7/1935

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 332.

The Laws That Govern the Securities Industry
www.Section gov/about/laws.shtml#secact1933

Securities Act of 1933 – Wikipedia
en.wikipedia.org/wiki/Securities_Act_of_1933

May
newdeal.feri.org/days/05.htm

 

Current U.s. National Debt:

$36,167,124,467,492

Source