Quote – Steve Pearce, biggest wire broker of the time, on creation of SEC

It would help me by driving 85 per cent of my competitors out of business, if I could manage to keep out of Atlanta or Leavenworth myself.

“Power to ‘Destroy’ In Stock Bill: F.R. Hope Tells House Group That Exchange Curb Would ‘Regiment’ Corporations”, New York Times

Sunday, February 25, 1934