
D18FKE President Franklin Roosevelt, signs the Public Utility Holding Company Act of 1935 (Wheeler-Rayburn Act). It gave the Securities and Exchange Commission power to regulate and even break up utility holding companies. (Alamy Stock Photo)
D18FKE President Franklin Roosevelt, signs the Public Utility Holding Company Act of 1935 (Wheeler-Rayburn Act). It gave the Securities and Exchange Commission power to regulate and even break up utility holding companies. (Alamy Stock Photo)