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Massachusetts Struggles With Fraudulent Securities Promoters
A state commission urges three new acts to curb fraud in securities sales. It calls for registration of brokers and salesmen, a bond filing with the state treasurer, and penalties for misrepresentation. The report cites Ponzi schemes and estimates vast fraud, urging Public Utilities Department enforcement and public access to information.
MENTIONED IN THIS ARTICLE
Commission
Ponsi
Mark
Capital Issues Committee
Federal Reserve Board
Massachusetts
Public Utilities Department
Public Utilities
Public
Supreme Judicial Court
Suffolk County
S. Howard Donnell
Special Commission
Commonwealth
Corporation Department of
England
France
Germany
Department of Public Utilities