Republican (fascist/socialist) President Reagan—ostensibly an advocate of the free-market—signs the Government Securities Act, establishing the first Federal regulation of dealers in government debt obligations.
[restored 12/10/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Ronald W. Reagan – Statement on Signing the Government Securities Act of 1986
www.presidency.ucsb.edu/ws/index.php?pid=36/6/6/2&st=Government+Securities&st1=Securities
U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html