HC Deb 06 December 1934 vol 295 c1834
44. Mr. E. WILLIAMS for

asked the President of the Board of Trade whether he has informed the London and provincial stock exchanges of the indications conveyed to him by hon. Members that there is a need for the disclosure of the names of managers of fixed trusts, of the size of the trust, and the numbers of certificates sold to the public, and expenses and profits, and also that invitations to the public to subscribe to fixed trusts should include information similar to that required on the public issue of a limited liability company's prospectus; and has he yet received observations from stock exchanges respecting fixed trusts?


I have been in communication with the Committee of the London Stock Exchange and am informed that they have at present under consideration the whole question of fixed trusts.