Passed in 1933-34, following the Stock Market Crash of 1929. It was among the first federal regulation of stocks' offers and sales. (A "security" covers a wide variation of financial references, such as stocks, bonds, banknotes, etc.)
The FSA's three main goals were to: prohibit deceit in sales of securities to the public; require adequate information about the issuer and the securities/product to be available to any prospective buyers; and to require sales of securities to be registered (unless exempted, as in special cases, under the law - there were quite a few exemptions and rules added to the FSA). Failure to meet these new expectations resulted in prosecution and liabilities. Basically, the FSA tried to make the stock market less more truthful and reliable.
It was successful for the most part, as the Stock Market was certainly in need of regulations, and the people knew this and accepted it. They really wanted to fix their economy, as the Great Depression had already started. Of course, it would take the rest of the decade to mend, but...
Yes, it is still around today. It was pretty effective and logical back then, and it still is now.
http://en.wikipedia.org/wiki/Securities_Act_of_1933
www.spartacus.schoolnet.co.uk/USARsecurities.htm
Indian Reorganization Act:
Also known as the Wheeler-Howard Act, or the Indian New Deal, it was passed on June 18th, 1934.
It was a federal legislation that allowed tribes to return to self-government within their own tribes and also let them manage their land, or reservations. If the tribes so chose to make their own constitutions, then those constitutions had to: allow employment of legal counsel on the tribe's council; prohibit the tribe's council from making any decisions regarding land without a majority vote from the tribe; and allow the tribe's council to negotiate with the US government on any level.
The IRA repealed the Dawes Act, which had broken up the tribal lands and allotted them to individual members of each tribe, then gave the surplus lands to other, non-Native American settlers. This returned quite a bit (millions of acres) of land back to the tribes. However, the secretary of the interior was had to be consulted for decisions regarding the land as well, which limited the freedom of the tribes.
The IRA also provided funding and educational opportunity for Natives Americans.
It was successful in the sense that it returned land and tribal freedom to Native Americans, but it's results were not quite so good concerning tribal self-government. However, issues with the act did not come up until years later. There have been a few arguments regarding whether or not the IRA was unconstitutional.
It is still around today, but since 1934, it has been modified several times (starting in the 1950's, among the most recent in 2003). These amendments added to the flexibility of the original IRA, added land and territories, and eliminated some of the original restrictions.
http://en.wikipedia.org/wiki/Indian_Reorganization_Act
http://www.enotes.com/major-acts-congress/indian-reorganization-act
-year passed
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-is it still around today
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