Investment Trusts and Investment Companies. Letter From the Acting Chairman of the Securities and Exchange Commission, Transmitting, Pursuant to law, a Report on Abuses and Deficiencies in the

This official report from the Securities and Exchange Commission exposes the abuses and deficiencies rampant in investment trusts and investment companies during the early 20th century. A fascinating and informative read, this book provides critical insight into the development and regulation of modern financial markets.

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