Exploring an early 20th‑century courtroom of finance and reform.
This nonfiction work presents a detailed brief and reply from the New York Stock Exchange in a pivotal era of market regulation and public scrutiny.
Two concise sections frame the arguments around market manipulation, speculation, and the limits of legislation. It offers a window into how the exchange defended itself and how regulators weighed the risks and remedies affecting national finance.
- Learn how historical cases and testimony shaped views on manipulation and speculation.
- See how early regulatory ideas were debated, drafted, and defended in public hearings.
- Understand the tension between market freedom and safeguards against improper transactions.
- Gain context for the Pujo Committee findings and the exchanges’ responses to them.
Ideal for readers of financial history, regulatory policy, and 20th‑century American law, this edition clarifies the arguments that shaped how markets are governed.