Gold BricksNew Style: Securities Commission Faces Revival of Fraudulent Stock Promotions

HAS the millennium at last arrived for the investing public, ushered in by the Federal Securities Act of 1933 and the Stock Exchange Control Bill of 1934? Do these statutes guarantee to the eager purchaser of gold-mining shares fantastic profits, or even a fair run for his money, in somewhat the sam...

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Bibliographic Details
Published in:Barron's (Chicopee, Mass.) Mass.), 1934-08, Vol.14 (32), p.3
Main Author: Washburn, Watson
Format: Magazinearticle
Language:English
Subjects:
Annual reports
Fraud
Gold mines & mining
Investments
Men
Online Access:Get full text
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Summary:HAS the millennium at last arrived for the investing public, ushered in by the Federal Securities Act of 1933 and the Stock Exchange Control Bill of 1934? Do these statutes guarantee to the eager purchaser of gold-mining shares fantastic profits, or even a fair run for his money, in somewhat the same way that small deposits are now insured by the government? The sophisticated reader of Barron's may smile at these questions, but there is real danger that most poor lambs will believe the affirmative.
ISSN:1077-8039