| Public Utility Holding Company Act Of 1935 |
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PUHCA was one of a number of Trust-busting and Securities Regulation initiatives that were enacted in response to the Wall Street Crash Of 1929 and ensuing Great Depression . The utility industry and would-be owners of utilities lobbied Congress heavily to repeal PUHCA, claiming that it was outdated. On August 8, 2005, the Energy Policy Act Of 2005 passed both houses of Congress and was signed into law, repealing PUHCA, despite consumer, environmental, union and Credit Rating Agency objections. The repeal became effective on February 8, 2006. EXTERNAL LINKS
omg this is way to freakin complicated. can someone fix this pleeeease!!!! |
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