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Foreign Bondholders Protective Council
In 1933, under Title II of the Securities Act of 1933, and at the request of the United States Department of State, President Franklin D. Roosevelt,''Pittsburgh Post-Gazette''"Bond Group Ready" December 20, 1933, p. 21. Retrieved on August 1, 2013. by Executive Order, created the Foreign Bondholders Protective Council to assist US citizens and creditors in collecting on defaulted foreign government bonds.Roosevelt, Franklin D"The public papers and addresses of Franklin D. Roosevelt. Volume two, The year of crisis, 1933: with a special introduction and explanatory notes by President Roosevelt" p.7. Retrieved on March 12, 2014. Raymond B. Stevens was the council's first president. Prior to formation of the private, non-profit FBPC, no permanent organization existed to negotiate settlements with defaulting debtors. The council was particularly active before World War II, then again in the 1970s and 1980s. As recently as 2002, both the Department of State and the Securities and Exchange C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities Act Of 1933
The Securities Act of 1933, also known as the 1933 Act, the Securities Act, the Truth in Securities Act, the Federal Securities Act, and the '33 Act, was enacted by the United States Congress on May 27, 1933, during the Great Depression and after the stock market crash of 1929. It is an integral part of United States securities regulation. It is legislated pursuant to the Interstate Commerce Clause of the Constitution. It requires every offer or sale of securities that uses the means and instrumentalities of interstate commerce to be registered with the SEC pursuant to the 1933 Act, unless an exemption from registration exists under the law. The term "means and instrumentalities of interstate commerce" is extremely broad and it is virtually impossible to avoid the operation of the statute by attempting to offer or sell a security without using an "instrumentality" of interstate commerce. Any use of a telephone, for example, or the mails would probably be enough to subject the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of State
The United States Department of State (DOS), or State Department, is an United States federal executive departments, executive department of the Federal government of the United States, U.S. federal government responsible for the country's foreign policy of the United States, foreign policy and foreign relations of the United States, relations. Equivalent to the ministry of foreign affairs of other nations, its primary duties are advising the President of the United States, U.S. president on international relations, administering List of diplomatic missions of the United States, diplomatic missions, negotiating international treaties and agreements, and representing the United States at the United Nations Security Council, United Nations conference. Established in 1789 as the first administrative arm of the Executive branch of the U.S. Government, U.S. executive branch, the State Department is considered among the most powerful and prestigious executive agencies. It is headed b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin D
Franklin may refer to: People * Franklin (given name) * Franklin (surname) * Franklin (class), a member of a historical English social class Places Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral division in Tasmania * Division of Franklin (state), state electoral division in Tasmania * Franklin, Australian Capital Territory, a suburb in the Canberra district of Gungahlin * Franklin River, river of Tasmania * Franklin Sound, waterway of Tasmania Canada * District of Franklin, a former district of the Northwest Territories * Franklin, Quebec, a municipality in the Montérégie region * Rural Municipality of Franklin, Manitoba * Franklin, Manitoba, an unincorporated community in the Rural Municipality of Rosedale, Manitoba * Franklin Glacier Complex, a volcano in southwestern British Columbia * Franklin Range, a mountain range on Vancouver Island, British Columbia * Franklin River (Vancouver Island), British Columbia * Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pittsburgh Post-Gazette
The ''Pittsburgh Post-Gazette'', also known simply as the PG, is the largest newspaper serving metropolitan Pittsburgh, Pennsylvania. Descended from the ''Pittsburgh Gazette'', established in 1786 as the first newspaper published west of the Allegheny Mountains, the paper formed under its present title in 1927 from the consolidation of the ''Pittsburgh Gazette Times'' and ''The Pittsburgh Post''. The ''Post-Gazette'' ended daily print publication in 2018 and has cut down to two print editions per week (Sunday and Thursday), going online-only the rest of the week. In the 2010s, the editorial tone of the paper shifted from liberal to conservative, particularly after the editorial pages of the paper were consolidated in 2018 with '' The Blade'' of Toledo, Ohio. After the consolidation, Keith Burris, the pro- Trump editorial page editor of '' The Blade'', directed the editorial pages of both papers. Early history ''Gazette'' The ''Post-Gazette'' began its history as a four-pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raymond B
Raymond is a male given name. It was borrowed into English from French (older French spellings were Reimund and Raimund, whereas the modern English and French spellings are identical). It originated as the Germanic ᚱᚨᚷᛁᚾᛗᚢᚾᛞ (''Raginmund'') or ᚱᛖᚷᛁᚾᛗᚢᚾᛞ (''Reginmund''). ''Ragin'' (Gothic) and ''regin'' ( Old German) meant "counsel". The Old High German ''mund'' originally meant "hand", but came to mean "protection". This etymology suggests that the name originated in the Early Middle Ages, possibly from Latin. Alternatively, the name can also be derived from Germanic Hraidmund, the first element being ''Hraid'', possibly meaning "fame" (compare ''Hrod'', found in names such as Robert, Roderick, Rudolph, Roland, Rodney and Roger) and ''mund'' meaning "protector". Despite the German and French origins of the English name, some of its early uses in English documents appear in Latinized form. As a surname, its first recorded appearance in Br ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporation Of Foreign Bondholders
The Corporation of Foreign Bondholders (also known as the Council of Foreign Bondholders) was a British association established in London in 1868 by private holders of debt securities issued by foreign governments, states and municipalities. In an era before extensive financial regulation.and of wide sovereign immunity, it provided a forum for British creditors to co-ordinate their actions during the financial boom from the 1860s to the 1950s. It created an important mechanism through which investors could formulate proposals to deal with the government defaults, particularly in the Great Depression following the 1929 Wall Street crash, including several early debt restructurings. The CFB was a not-for-profit organisation established in 1868. Its formation was triggered by a series of sovereign debt defaults in the mid-19th century. It was incorporated in 1873, under a licence from the Board of Trade, governed by a committee of representatives from brokerages and banks. In early ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services In The United States
financial services in the United States represented 20% of the market capitalization of the S&P 500 in the United States. The U.S. finance industry comprised only 10% of total non-farm business profits in 1947, but it grew to 50% by 2010. Over the same period, finance industry income as a proportion of GDP rose from 2.5% to 7.5%, and the finance industry's proportion of all corporate income rose from 10% to 20%. In 2018 the share of GDP was 7.4% the equivalent of $1.5 trillion in value-added to the economy. The mean earnings per employee hour in finance relative to all other sectors has closely mirrored the share of total U.S. income earned by the top 1% income earners since 1930. The mean salary in New York City's finance industry rose from $80,000 in 1981 to $360,000 in 2011, while average New York City salaries rose from $40,000 to $70,000. In 1988, there were about 12,500 U.S. banks with less than $300 million in deposits, and about 900 with more deposits, but by 2012, there ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1933 Establishments In The United States
Events January * January 11 – Sir Charles Kingsford Smith makes the first commercial flight between Australia and New Zealand. * January 17 – The United States Congress votes in favour of Philippines independence, against the wishes of U.S. President Herbert Hoover. * January 28 – " Pakistan Declaration": Choudhry Rahmat Ali publishes (in Cambridge, UK) a pamphlet entitled ''Now or Never; Are We to Live or Perish Forever?'', in which he calls for the creation of a Muslim state in northwest India that he calls " Pakstan"; this influences the Pakistan Movement. * January 30 ** National Socialist German Workers Party leader Adolf Hitler is appointed Chancellor of Germany by President of Germany Paul von Hindenburg. ** Édouard Daladier forms a government in France in succession to Joseph Paul-Boncour. He is succeeded on October 26 by Albert Sarraut and on November 26 by Camille Chautemps. February * February 1 – Adolf Hitler gives his "Proclamation to the Ge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
