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Meyer Rothman 1907 - 1964

Meyer Rothman was born on March 15, 1907 in Manhattan County, NY, and died at age 57 years old in September 1964. Family, friend, or fan, this family history biography is for you to remember Meyer Rothman.

Meyer Rothman

March 15, 1907

Manhattan County, NY

September 1964

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Meyer Rothman Meyer Rothman (1907 - 1964)

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Meyer Rothman's History: 1907 - 1964

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03/15

1907

Birthday

March 15, 1907

Birthdate

Manhattan County, NY

Birthplace

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09/dd

1964

Death

September 1964

Death date

Unknown
Cause of death

Unknown
Death location

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Did you know?

Meyer Rothman lived 19 years shorter than the average family member when died at the age of 57.

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Meyer Rothman lived 19 years shorter than the average family member when died at the age of 57.

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Did you know?

In 1907, in the year that Meyer Rothman was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.

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In 1934, he was 27 years old when on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.

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