FIXED TRUSTS
STOCK EXCHANGE REPORT
(British Official Wireless.)
LONDON, January 5. The Stock Exchange sub-committee, which has been considering for some tinie the growth of the "fixed trust, movement, in which it is estimated that more than £40,000,000 is now invested in Great Britain, has issued an interim report. • ' ' . Realising that the growth of the movement-is the result of a "genuine public demand for means by which the comparatively small investor may enter ■a slightly speculative but clearljdefined field of investment with the benefits of spread risk>" the committee finds that the public interest demands an authoritative establishment of standards to safeguard the public and advises legislation for. this purpose. The committee has drafted comprehensive regulations covering the form of trust deeds and certificates issued to investors, rules of management, and other matters which are designed to remove dangers which the committee foresees might result from uncontrolled development of the movement under the influence of competition.
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Bibliographic details
Evening Post, Volume CXXI, Issue 4, 6 January 1936, Page 10
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156FIXED TRUSTS Evening Post, Volume CXXI, Issue 4, 6 January 1936, Page 10
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