Investment Advisers: A Case Study
Gideon Investments Pty Limited - Morison Guildford & Associates Limited

13 May 2002

Table of Contents

1. Introduction
2. The offer of securities by Gideon Investments Pty Limited and related companies
3. Morison Guildford and Associates Limited
4. Morison Guildford's relationship with Gideon: Obtaining investors and administration
5. Banking arrangements
6. Due diligence and monitoring of Gideon
7. Remuneration of Morison Guildford and other benefits
8. Payments from the Morison Guildford Gideon Investments Client Account
9. Did Morison Guildford act as investment advisers, investment brokers, issuers or promoters in regard to Gideon or associated companies?
10. Liability questions
11. Summary of conclusions
12. Referrals

    Appendix "A"
    Appendix "B"

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