The Johnson Act of 1934 (Foreign Securities Act, ch. 112, , , 1934-04-13) prohibited foreign nations in debt from marketing their bond issues in the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
. The law was enacted on April 13, 1934, and although it was impacted by the
Bretton-Woods Agreement, it was not repealed and continues to have the force of law.
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1934 in law
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1934 in the United States