[kictanet] Fwd: Financial Journalists to be barred from NSE

[Bill Kagai]

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From:
Date: May 19, 2007 12:10 PM
Subject: Financial Journalists to be barred from NSE
To:

Business journalists may soon be barred from dealing in stocks and
securities at the stock market if their work involves writing stories
and analyses on the same.

This is among the raft of proposals contained in a new Bill that was
tabled in Parliament yesterday. The Bill proposes that financial
journalists be barred from dealing in stocks they plan to write on
grounds of a possible conflict of interest.
"Journalists should not write or broadcast about shares, securities
and other market instruments in whose performance they know they or
their families have significant financial interest," says the Bill in
part.

Full story...

http://bdafrica.com/index.php?option=com_content&task=view&id=1070&Itemid=3880

--
With Kind Regards,
Bildad Kagai
MD - MediaCorp Limited
Suite B2, Tetu Apartments
StateHouse Avenue
P. O. Box 20311-00200
Tel. 254 20 272 8332
URL. www.mediacorp.co.ke
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