Wheeler-Rayburn Act

E39120

The Wheeler-Rayburn Act is a New Deal-era U.S. federal law that restructured and regulated electric utility holding companies to curb monopolistic practices and protect consumers and investors.

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AI-generated illustration of Wheeler-Rayburn Act

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Prompt

Generate an image of the Wheeler-Rayburn Act (The Wheeler-Rayburn Act is a New Deal-era U.S. federal law that restructured and regulated electric utility holding companies to curb monopolistic practices and protect consumers and investors.)

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf New Deal legislation ⓘ
United States federal statute ⓘ
affects consumer electricity rates ⓘ
investor protection in utility securities ⓘ
aimsTo curb monopolistic practices in utility holding companies ⓘ
eliminate abusive financial practices in utility holding companies ⓘ
protect consumers ⓘ
protect investors ⓘ
simplify complex utility holding company structures ⓘ
alsoKnownAs Wheeler-Rayburn Public Utility Holding Company Act ⓘ
linked to: Wheeler-Rayburn Act
appliesToSector electric power industry ⓘ
gas utility industry ⓘ
authorizes SEC to limit operations of holding companies to integrated utility systems ⓘ
SEC to order simplification of holding company structures ⓘ
SEC to require divestiture of non-utility businesses ⓘ
codifiedIn Title 15 of the United States Code ⓘ
country United States ⓘ
dateEnacted 1935-08-26 ⓘ
enactedBy 74th United States Congress ⓘ
grantsPowerTo Securities and Exchange Commission ⓘ
hasOfficialName Public Utility Holding Company Act of 1935 ⓘ
hasShortName PUHCA ⓘ
historicalContext Great Depression ⓘ
New Deal reforms of financial markets ⓘ
imposes limits on geographic scope of utility holding company operations ⓘ
restrictions on intercompany transactions within holding company systems ⓘ
influencedBy investigations of utility holding companies by the Federal Trade Commission ⓘ
recommendations of the Federal Power Commission ⓘ
jurisdiction federal government of the United States ⓘ
legalArea antitrust law ⓘ
public utilities regulation ⓘ
securities regulation ⓘ
legislativeChamber United States House of Representatives ⓘ
United States Senate ⓘ
motivatedBy abuses by large utility holding company systems in the 1920s and early 1930s ⓘ
partiallyRepealedBy Energy Policy Act of 2005 ⓘ
partOf New Deal ⓘ
presidentAtEnactment Franklin D. Roosevelt ⓘ
regulates electric utility holding companies ⓘ
public utility holding companies ⓘ
relatedTo Public Utility Act of 1935 ⓘ
requires registration of public utility holding companies with the Securities and Exchange Commission ⓘ
seeksTo promote integrated and economically efficient utility systems ⓘ
signedBy Franklin D. Roosevelt ⓘ
sponsor Burton K. Wheeler ⓘ
Sam Rayburn ⓘ
status substantially repealed ⓘ
typeOfRegulation structural regulation of corporate organization ⓘ

How these facts were elicited

Referenced by (3)

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

Agricultural Adjustment Act of 1933 → introducedAs → H.R. 3835 ⓘ
linked to: Wheeler-Rayburn Act
Wheeler-Rayburn Act → alsoKnownAs → Wheeler-Rayburn Public Utility Holding Company Act ⓘ
linked to: Wheeler-Rayburn Act