Shares: Sales Methods

Mr. Evans
To ask the Chancellor of the Exchequer what recent discussions he has had with the Financial Services Authority on illegal share sales by boiler room operations; and if he will make a statement.

Kitty Ussher
The Chancellor meets senior members of the FSA on a regular basis to discuss a wide range of economic and financial issues.

Other Treasury Ministers are also closely engaged with the FSA, other Government departments and law enforcement agencies in discussions on counter-fraud work. An inter-ministerial group met in April, for instance to discuss priorities for the National Fraud Strategic Authority.