Which Texas representative sponsored a law designed to help prevent the stock market from crashing again?

John Nance Garner

Sam Rayburn

Franklin Roosevelt

Herbert Hoover

Respuesta :

Answer:

B. Sam Rayburn

Explanation:

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Sam Rayburn from Texas sponsored a law designed to help prevent the stock market from crashing again.

The Securities Exchange Act of 1934

Sam Rayburn sponsored The Securities Exchange Act in 1934 to help prevent the stock market from crashing again. The objective of this Act was to govern securities transactions, ensuring greater financial transparency and accuracy and check fraud or manipulation.

As this act was formulated by Sam Rayburn, hence the correct option is B.

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