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Public Utility Holding Company Act of 1935

Public Utility Holding Company Act of 1935

Paperback

United States Politics

Currently unavailable to order

ISBN10: 6134764736
ISBN13: 9786134764735
Publisher: Vdm Verlag Dr Mller Ag & Co Kg
Pages: 108
Weight: 0.37
Height: 0.26 Width: 5.98 Depth: 9.02
Language: English
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Public Utility Holding Company Act of 1935 (PUHCA), , also known as the Wheeler-Rayburn Act, was a law that was passed by the United States Congress to facilitate regulation of electric utilities, by either limiting their operations to a single state, and thus subjecting them to effective state regulation, or forcing divestitures so that each became a single integrated system serving a limited geographic area. Another purpose of PUHCA was to keep utility holding companies engaged in regulated businesses from engaging in unregulated businesses. PUHCA was one of a number of trust-busting and securities regulation initiatives that were enacted in response to the Wall Street Crash of 1929 and ensuing Great Depression, including the collapse of Samuel Insull''s public utility holding companies.

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United States Politics