Salt Lake Herald-Republican | 1918-01-08 | Page 8 | Brokers Required to Give Names as in Clearing House

I BROKERS BRUERS REQUIRED REUIE T TO GIVE NAMES MAMES AS ASIN ASIM IN IM CLEARING HOUSE Two weeks week a ago o The local lican printed a an al article caning calling brokers brokers' attention to the fact that one of ot the federal requirement I Is that all men conducting brokerage c business al must r report rc regularly to the tue proper 0 officers f f I cers rs Secretary Shorten called the exchange e attention to the fact that over er broker must file tie a sw rn statement with the collector of Internal Inter Inter- nat nal revenue wih 1 by tho the of fe each month This report must t embrace all al sales and aim month itI It Itis purchases for tOI the preceding I Information re requires requires re- re I is II understood that tho the 10 quires that r c every transaction be he rc regIstered registered reg reg- dally dalh giving tho ho names of the tue buyers and sellers in each cach ton Thin Is which would be lue hI ro by a properly conductor conducted clearing house In fact In Colorado exchanges In New ew York Boston and other places this i is now being done lone lint But to local brokers who do not permit permit permit per per- mit even e the newspaper men to In Inspect In- In the th names of or the brokers who make the tho various trades on tim the tho ox- ox chan change e this Innovation Inno of Uncle Sam SamI I comes as a double hardship hardship In In their I r minds 1