Full Text

Pecora hearings


Subject History

Place Northern America » United States of America

DOI: 10.1111/b.9781577180999.1997.x


Extract

In January 1933, Ferdinand Pecora, counsel to the Senate Banking and Currency Committee, began investigating unethical practices in the financial markets. Pecora's hearings were well publicized and revealed numerous examples of price fixing, insider trading, tax avoidance, conflicts of interest, and instances of criminal activity. Pecora's work continued into 1934 and resulted in the S ecurities E xchange A ct , which he helped write. ... log in or subscribe to read full text

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Table of Contents

A Dictionary of American History



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