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NSE should inform the Public when a Director deals in shares
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hisah
#11 Posted : Thursday, March 31, 2011 11:37:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
[quote=the deal]@Hisah the JSE through SENS does disclose dealings by the director, the NSE should do the same http://www.moneyweb.co.z...w/view/mw/en/page296708[/quote]

They do exist also in US & Europe e.g. UK (FSA). But if you look at the number of insider lawsuits against firms and regulators especially CFTC (US), you'll know that they are just sugar coats. Kila soko iko na wenyewe otherwise Madoff would be unheard of and many more...
The house always wins even with rules in place smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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KenyanLyrics
#12 Posted : Friday, April 01, 2011 9:16:48 AM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
WOW! I don't trade stocks yet, but Isn't this kind of a really, really, REALLY huge loophole in the system?
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selah
#13 Posted : Friday, April 01, 2011 9:24:32 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
KenyanLyrics wrote:
WOW! I don't trade stocks yet, but Isn't this kind of a really, really, REALLY huge loophole in the system?


I think CMA is about to purge into this practice by making sure the real faces behind nominee accounts are known I think here is where insider trading really happens.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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