1 NOVEMBER 1986, Page 23

Neighbourhood watch

A WAVE to the Securities and Invest- ments Board, watchdog in chief, as it watches the Financial Services Bill scrape into law. Any day now it will be empo- wered to watch its flock instead, and will receive the delegated duties of barking and biting. To celebrate, the SIB is bringing out a guide — short, crisp, cartoon- embellished — to keeping your invest- ments safe. Joint sponsor is the Fraud Squad. Both rightly think that there are millions of new investors who (especially after the TSB) think it's easy, and plenty of predators waiting for them. The police and the SIB will go bounding after the villains, but their message is that self-protection is the best of all.