§ Dr. Cable:To ask the Chancellor of the Exchequer (1) what representations his Department has received from the European Commission on the Alternative Investment Market becoming an unregulated market; and if he will make a statement; [141715]
(2) what his policy is on an Alternative Investment Market which is unregulated; and if he will make a statement; [141716]
(3) what research his Department has undertaken on how an unregulated Alternative Investment Market would affect (a) companies and (b) investors; and if he will make a statement; [141717]
(4) what discussions his Department has had with the (a) London Stock Exchange and (b) Financial Services Authority on the Alternative Investment Market becoming an unregulated market; and if he will make a statement. [141718]
§ Ruth Kelly:I refer the hon. Member to the reply I gave to my right hon. Friend the Member for Coatbridge and Chryston (Mr. Clarke) on 4 November 2003, Official Report, columns 618–19W.