Tuesday, October 29, 2019

90 Years Since #BlackTuesday

October 29, 1929, became known as Black Tuesday because of the shocking stock market crash that began that day; the market wouldn't reach its lowest point until July 8, 1932. HistoryLink.org, an online encyclopedia of Washington history, gives us includesnotes about the experience in Seattle and King County.

photo of crowds outside Stock Exchange Oct. 29, 2019
Crowd outside the New York Stock Exchange following the crash of 1929.
Library of Congress Item 989471695

One of many consequences of the Crash was increased regulation of the securities markets, via the Securities Act of 1933 and the Securities Exchange Act of 1934, which created the Securities and Exchange Commission. Find these two laws and others at Investor.gov, a website aimed at the public.

The Securities and Exchange Commission Historical Society is an online museum. I've enjoyed sampling items from the Film, Radio and Television page.

If you'd like to explore legislative histories, government reports, and commentary, visit the Economic Reform section of HeinOnline's collection, Taxation & Economic Reform in America Parts I & II.

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