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The SIB and the Internet: there may be trouble ahead.(UK Securities & Investments Board)(Interview)
From:
Management Accounting (British)
| Date:
June 1, 1996| Author:
Hollobone, Martin
| COPYRIGHT 1996 Chartered Institute of Management Accountants (CIMA). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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UK Securities & Investments Board (SIB) administrator Martin Hollobone believes that the development of investment business on the Internet poses several potential problems, particularly as far as regulation goes. Hollobone says that the SIB is not seeking to stifle innovation, but neither can it leave the Internet to its own devices. He believes that the SIB must try to help investors distinguish between the unscrupulous and those firms backed by some sort of protection, such as being regula...
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