The Archive · 1939

Share Dealer's New By-Laws

Based on Draft Rules of

B.O.T.; Association is to Apply for Recognition The 'Association of Stock and Share Dealers on June 9 passed new bylaws based on the draft rules issued by the Board of Trade to regulate the business of licensed dealers in securities. This step was taken in order to strengthen the Association's request for recognition as a body of dealers by the Board of Trade, states the "Finanical News."

Mr. R. Sefton Turner, chairman of the Association, stated that the Board of Trade would shortly announce the day on which the. new regulations will come into force. It \5 expected that this will be towards the end of the year—either November or December.

He added that the Board of Trade would also publish shortly a list of the stock exchanges and associations that had been recognized, and he 3 emphasized the desirability of the association being included in that list.

Text read from the printed page and cleaned; old type leaves the occasional error.

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