President Roosevelt reacted to the creation of the Northern Securities Company by suing them. He wanted the company to be dissolved and argued that it violated antitrust laws.
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Northern Securities Company
It dealt with property rights and economic policies. Ruled that the Northern Securities Company was formed only to eliminate the competition and ordered it to be dissolved.
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sherman antitrust act
The regulatory commission that oversees publicly traded companies is the Securities and Exchange Commission or better known by it's initials the "SEC." The SEC was formed in 1934 to enforce the Securities Act of 1933. The SEC is an independent regulatory agency that is to regulate the stock market and prevent corporate abuses regarding to the selling and buying securities. Most of the abuses that the SEC attempts to tackle is called "Insider Trading," where a member of the Board of Directors or an employee of the company attempts to sway the market for his or his own personal gain by using information that is not public. The SEC was created to overt another 1929 market crash. Corporations are required to file reports annually to the SEC.