FRAUDULENT SHARE-PUSHING.
In last week's Spectator, under the title of Share Sharks," the writer dealt briefly, but very fairly, with the Report of the Government Departmental Committee on Share-pushing. It is a Report which, on the whole, has been favourably received in City circles, where it is recognised that the Committee had a most difficult task in endeavouring on the one hand to close all
avenues for the fraudulent share-pusher, while at the same time taking no course calculated to interfere with legitimate financial activities. Nevertheless, it is felt by a good many that in some directions the recommendations of the Committee may need some strengthening if the public is to be adequately protected from the devices of the fraudulent share-pusher, and I propose therefore next week to give some space to the City's views with regard to the Committee's Report.
Previous page