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Securities And Investments Board

Volume 210: debated on Tuesday 30 June 1992

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To ask the Chancellor of the Exchequer what representations he has received, and from whom, on whether the Securities and Investments Board should remain a direct regulator under the Financial Services Act 1986.

Responsibility for the regulation of financial services passed to me on 7 June 1992. I have received a number of representations on this subject.