What are the duties and powers of the FCC under the Communications Act of 1934?
The Communication Act of 1934 established the Federal Communications Commission (FCC), an independent U.S. agency responsible for the regulation of interstate and foreign communications by radio, television, wire, and, later, satellite.
What section of the 1934 Act gives the Commission FCC the right to regulate the spectrum in a broad manner what does it state?
Section 305
Section 305 of the Act preserves for the President the authority to assign frequencies to all Federal Government owned or operated radio stations.
Why is the FCC important?
The Federal Communications Commission regulates interstate and international communications by radio, television, wire, satellite and cable in all 50 states, the District of Columbia and U.S. territories. Providing leadership in strengthening the defense of the nation’s communications infrastructure.
What did the Communications Act of 1934 do quizlet?
What did the Communications Act of 1934 do? Created the FCC which replaced the FRC. Today the FCC uses its powers to adopt regulations affecting large segments of the electronic media, as well as licensing spectrum users and enforcing commission’s regulations.
Who owns the broadcast airwaves?
Public ownership of broadcast airwaves was established by legislation and jurisprudence during the twentieth century. The FCC has been endowed with the public’s trust to manage this publicly owned resource for the public good.
When was the FCC established?
The FCC was formed by the Communications Act of 1934 to replace the radio regulation functions of the Federal Radio Commission. The FCC took over wire communication regulation from the Interstate Commerce Commission.
What are the provisions of the Securities Exchange Act of 1934?
Securities and Exchange Act of 1934 (Exchange Act) The Securities and Exchange Act of 1934 (Exchange Act) is United States legislation that regulates securities trading on the secondary market, stock exchange markets and the participants involved to protect investors. The secondary market is where sales of financial assets, such as stocks, bonds,…
What is the Federal Communications Act?
The Communications Act of 1934 is a United States federal law, signed into law by President Franklin D. Roosevelt on June 19, 1934, and codified as Chapter 5 of Title 47 of the United States Code, 47 U.S.C. ยง 151 et seq. The Act replaced the Federal Radio Commission with the Federal Communications Commission (FCC).
What is the purpose of the Securities Exchange Act of 1934?
Securities Exchange Act of 1934. Long title. An act To provide for the regulation of securities exchanges and of over-the-counter markets operating in interstate and foreign commerce and through the mails, to prevent inequitable and unfair practices on such exchanges and markets, and for other purposes.