 It was aimed at counterfeit brokers, of whom there were many in London.This type of broker was considered a receiver of stolen goods; the act provided that no sale (or pawn) of stolen jewels, plate or other goods to a pawnbroker in London, Westminster or Southwark would lower their value, and pawnbrokers who refused to return goods to their rightful owner would be fined twice their value.Under Charles I, another act asserted that a pawnbroker was not a respectable (or trustworthy) person; however, it was planned to set Charles up in the business.