Daily Archives: July 2, 2014

Kennedy sworn-in as first chairman of Securities and Exchange Commission 80 years ago today (July 2 1934)


Image: '"KENNEDYS DON'T CRY" (1975)' (July 2, 1934, at 8:22)

(Monday, July 2, 1934; during the Great Depression) — Appointed by U.S. President Franklin D. Roosevelt, Joseph P. Kennedy, Sr., was sworn-in today as chairman of the new Securities and Exchange Commission, charged with regulating the manipulation of stock prices that Kennedy had mastered decades earlier.