Scope
The committee inquired into the desirability and feasibility of establishing a securities exchange commission and the form it could take. Evidence was received from 142 witnesses, which generating over 12,000 pages of transcript. The committee stated its main finding was that the regulation of the securities market required fundamental reform.
Sequence
![Select Committee on Securities and Exchange in session in the Senate Chamber of the Provisional Parliament House, May 1971. L-R: Senators Ken Wriedt and Jack Little, J.M. Collins [Research Officer], Senators George Georges, Peter Rae, Magnus Cormack [Chair], John Wheeldon and Ellis Lawrie, Don Whitbread [Secretary] (obscured) and Senator Peter Sim.](/assets/committees/body-images/c145/c145-securities-and-exchange-select-committee-may-1971-j2-1.jpg)
Select Committee on Securities and Exchange in session in the Senate Chamber of the Provisional Parliament House, May 1971. L-R: Senators Ken Wriedt and Jack Little, J.M. Collins [Research Officer], Senators George Georges, Peter Rae, Magnus Cormack [Chair], John Wheeldon and Ellis Lawrie, Don Whitbread [Secretary] (obscured) and Senator Peter Sim.
Select Committee on Securities and Exchange in session in the Senate Chamber of the Provisional Parliament House, May 1971.
Select Committee on Securities and Exchange in the Senate Chamber of the Provisional Parliament House with members of the press gallery reporting on the committee in session, May 1971.
Find out more
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Kenneth Shaw Wriedt, committee member 1970-75, Interview with Dr Peter Hay, 1987-88, National Library of Australia, TRC 4900/68, session 4, 00:00:08-00:03:25. Full interview available at https://nla.gov.au/nla.obj-217936321/listen |
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Magnus Cormack, chair 1970-71, Interview with Tony Hannan, 1987, National Library of Australia, TRC 4900/39, session 11, 00:06:37-00:10:26. Full interview available at https://nla.gov.au/nla.obj-217648845/listen |
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Committee timeline - Select Committee on Securities and Exchange |