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Sam F Sciortino 1934 - 1982

Sam F Sciortino was born on December 5, 1934, and died at age 47 years old on August 23, 1982. Family, friend, or fan, this family history biography is for you to remember Sam F Sciortino.

Sam F Sciortino

December 5, 1934

August 23, 1982

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Sam F Sciortino Sam Sciortino (1934 - 1982)

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Sam F Sciortino's History: 1934 - 1982

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12/5

1934

Birthday

December 5, 1934

Birthdate

Unknown

Birthplace

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08/23

1982

Death

August 23, 1982

Death date

Unknown
Cause of death

Unknown
Death location

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Sam F Sciortino lived 28 years shorter than the average family member when died at the age of 47.

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Sam F Sciortino lived 28 years shorter than the average family member when died at the age of 47.

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In 1934, in the year that Sam F Sciortino was born, 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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In 1950, at the age of 16 years old, Sam was alive when in February, Joe McCarthy gave a speech alleging that he had a list of "members of the Communist Party and members of a spy ring" who worked in the State Department. He went on to chair a committee that investigated not only the State Department but also the administration of President Harry S. Truman, the Voice of America, and the U.S. Army for communist spies - until he was condemned by the U.S. Senate in 1954.

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