3 years ago

Why did FDR create the Federal Deposit Insurance Corporation (FDIC) and the Securities and Exchange Commission (SEC)?

2 answers:

4 0

Essentially the SEC was created to help protect investors that buy and trade stocks and bonds. The FDIC was created to provide a federal government guarantee of deposits. Basically, both of these were created to limit the risks that go along with savings and investment. Both of them were part of FDR's New Deal. I hope this helps! =)

Elina [12.6K]3 years ago

3 0

Answer:

Limit risks associated with savings and investments.

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