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ARTICLE · 03 MARCH 2003

Market Abuse: Could It Happen Here?

United KingdomMedia, Telecoms, IT, Entertainment
Richard Shillito
Richard Shillito

It is not altogether surprising that the regulatory authorities should occasionally have journalists in their sights, given the impact press and TV reports can have. A good illustration of that impact was given by Anatole Kaletsky in The Times on 3 December 2002. He described an article of his in The Times which helped cause a run on a foreign bank, following an interview with the Chairman of a multi-national company and foreign industrialists’ association. The Chairman denied the remarks attributed to him (although a total of five journalists were present, including some who recorded his remarks for radio and TV).

Fears expressed generally by journalists about market abuse include the following:

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