[2] The Act gave the SEC authority to regulate electric companies nationwide, and to enforce its rules.

The Act also gave the SEC the power to limit holding companies to a geographic area so that individual states could regulate them.

Lovell v. City of Griffin, 303 U.S. 444 (1938), related to the requirement of persons to seek government permission to distribute religious material.

New Negro Alliance v. Sanitary Grocery Company, 303 U.S. 552 (1938), is a landmark decision of the Supreme Court which affects US labor law, safeguarding a right to boycott, and relating to the struggle by African Americans against discriminatory hiring practices.

The Court concluded that "peaceful and orderly dissemination of information by those defined as persons interested in a labor dispute concerning 'terms and conditions of employment' in an industry or a plant or a place of business should be lawful".