The Federal Trade Commission (FTC) was established in 1914.

The FTC enforces federal antitrust and consumer protection laws by investigating complaints against individual companies initiated by consumers, businesses, congressional inquiries, or reports in the media. The commission seeks to ensure that the nation's markets function competitively by eliminating unfair or deceptive practices.

As part of the New Deal, the Federal Securities Act was signed into law on May 27, 1933 which required the registration of securities with the FTC.

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