§ Dr. McDonaldasked the Secretary of State for Trade and Industry if he will set up an investigation under the Prevention of Fraud (Investment) Act 1958 into the operations of Ravendale Securities and its associates in 1983 and 1984.
§ Mr. FletcherYes, if I judge that an investigation is needed.
§ Dr. McDonaldasked the Secretary of State for Trade and Industry how many dealing licences have been issued to Ravendale Securities and associated people and companies.
§ Mr. FletcherFive principal's licences are held by companies within the Ravendale group. In addition 10 individuals hold representative licences as employees or agents of those companies.