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Bubble Act

The Bubble Act of 1720 was an English act that forbade all joint-stock companies not authorised by royal charter.

It was passed to prevent another South Sea Bubble. The Act was a sign of greater caution after the Bubble, and sought to restore security to commercial expansion and economic innovation.

Last updated: 10-24-2005 13:56:03
Last updated: 01-04-2007 01:18:57
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