Bubble Act 1720

E321727

The Bubble Act 1720 was a British law passed to curb speculative financial schemes and unchartered joint-stock companies in the wake of the South Sea Bubble crisis.

All labels observed (2)

Label Occurrences
Bubble Act 1720 canonical 3
Financial Revolution in England 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf Act of Parliament of Great Britain ⓘ
British statute ⓘ
aimedAt fraudulent or dubious investment projects ⓘ
speculative stock-jobbing schemes ⓘ
alsoKnownAs Royal Exchange and London Assurance Corporation Act 1719 (commonly called Bubble Act) ⓘ
appliesTo joint-stock companies ⓘ
background speculative boom in South Sea Company shares ⓘ
cause South Sea Bubble ⓘ
country Kingdom of Great Britain ⓘ
dateEnacted 1720 ⓘ
dateRepealed 1825 ⓘ
effect aimed to restore confidence after South Sea Bubble crash ⓘ
limited legal avenues for incorporation ⓘ
restricted corporate formation in Britain ⓘ
enactedBy Parliament of Great Britain ⓘ
enforcementMechanism criminal penalties for unauthorized corporate activity ⓘ
governs creation of companies with transferable shares ⓘ
historicalPeriod early 18th century ⓘ
impactOnLaw delayed development of general incorporation in Britain ⓘ
inForceUntil early 19th century ⓘ
jurisdiction Great Britain ⓘ
language English ⓘ
legacy influenced later British company legislation ⓘ
often cited as an early example of financial market regulation ⓘ
legalForm statute ⓘ
legalStatus repealed ⓘ
locationOfPassage Westminster ⓘ
linked to: City of Westminster
motivatedBy government desire to control capital markets ⓘ
public outcry over financial speculation ⓘ
prohibits establishing companies without royal charter or Act of Parliament ⓘ
unincorporated joint-stock companies from raising transferable shares ⓘ
purpose to curb speculative financial schemes ⓘ
to restrict formation of unchartered joint-stock companies ⓘ
regulates formation of joint-stock companies ⓘ
public subscription for company shares without royal charter ⓘ
relatedTo South Sea Company ⓘ
financial bubbles ⓘ
history of corporate law in the United Kingdom ⓘ
repealedBy Joint Stock Companies Act 1825 ⓘ
requires royal charter or Act of Parliament for incorporation ⓘ
shortName Bubble Act ⓘ
signedBy King George I of Great Britain ⓘ
subjectMatter company law ⓘ
financial regulation ⓘ
securities and share trading ⓘ
typeOfRegulation ex ante restriction on company formation ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

South Sea Bubble → legislativeResponse → Bubble Act 1720 ⓘ
Whig economic policy → associatedWith → Financial Revolution in England ⓘ
linked to: Bubble Act 1720
Joint Stock Companies Act 1825 → follows → Bubble Act 1720 ⓘ
Royal Exchange and London Assurance Corporation Act 1719 → hasAlias → Bubble Act 1720 ⓘ