§ Mr. Austin MitchellTo ask the Secretary of State for Trade and Industry whether he has any plans to increase the powers and resources available to those bodies charged with the duty of enforcing legislation aimed at preventing insider dealing.
§ Mr. RedwoodI am satisfied that the available powers are appropriate at present. The level of resources is kept under review with a view to ensuring efficient operation.
§ Mr. Austin MitchellTo ask the Secretary of State for Trade and Industry if he will consider legislation to enable the use of civil remedies by law enforcement agencies and those who can establish loss in alleged cases of insider dealing.
§ Mr. RedwoodThe recent report "Company Investigations" by the Select Committee on Trade and Industry recommended changes in this area. The Government's response will be made in the normal fashion.