Important Message from the Financia12 Nov 2015 08:50
Posting information that is false or misleading, may constitute market abuse. This could lead to an unlimited fine and up to seven years in prison.
If you have any information, concerns or queries about bondstreet's market abuse do let them know.
bondstreet fail the dissemination test:
Dissemination – giving out information that conveys a false or misleading impression about an
investment or the issuer of an investment where the person doing this knows the information to be
false or misleading.
also the regular investor test:
The Code of Market Conduct states that, in some cases, behaviour will be market abuse where it falls
below the standards expected by the ‘regular user’. A regular user is effectively a reasonable person who
deals regularly and understands the workings of the market concerned. In some places, the Code employs
a ‘reasonable person’ test similar to the one that has often been used in the English courts.
The Code affects everyone who participates in, or whose conduct affects, the UK’s financial markets.
It makes no difference whether or not the person is regulated by the FSA, or based in the UK or overseas, or whether they are professional or retail investors.
The Code also covers behaviour that takes place in the UK in relation to investments traded on other European regulated markets.
lse admin please do your job.
JS