29 March 1933
Roosevelt, Franklin D. (Franklin Delano), 1882-1945
Pamphlet
Title: Federal Supervision of Traffic in Investment Securities--Message from the President of the United States.
One pamphlet entitled, "Federal Supervision of Traffic in Investment Securities--Message from the President of the United States," dated March 29, 1933, recommending supervision of investment securities in interstate commerce. "What we seek is a return to a clearer understanding of the ancient truth that those who manage banks, corporations, and other agencies handling or using other people's money are trustees acting for others."
GLC09693.05