Abstract

ately labelled them as bad. This flood of literature of exposure was popular and motivated the death sentence clause in the Public Utility Holding Company Act of 1935 to be enforced by the newly-created Securities and Exchange Commission. It is still too early to evaluate the results of the Insull program. The Securities and Exchange Commission has not yet completed the mammoth task of attempting to unscramble the scrambled mess of high finance, visionary speculation, pipe dreams, and organizational concoctions of these disseminators of the

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