Events in 1934

June 6, 1934

SEC Establishment

President Franklin D. Roosevelt established the Securities and Exchange Commission (SEC) by signing the Securities Exchange Act into law, creating the first federal regulatory agency for securities markets in response to the 1929 stock market crash.

June 18, 1934

Indian Reorganization Act

The Indian Reorganization Act of 1934 was a pivotal legislation that ended the destructive allotment era and restored Native American tribal sovereignty. It provided framework for tribal self-governance, land restoration, and cultural preservation.