Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Phoenix Magazine

  • 05-11-2007 10:47pm
    #1
    Victor
    Registered Users, Registered Users 2 Posts: 78,579 ✭✭✭✭


    RTÉ are running a story that they have been fined. They often tred the line, but I think this is only the second time in 20+ years that they've been in trouble.

    http://www.rte.ie/business/2007/1105/financial.html
    Phoenix fined over market rules breach
    Monday, 5 November 2007 13:09

    The Phoenix magazine has been fined €5,000 by the Financial Regulator under new market abuse rules.

    The regulations require people who write about shares to be clearly identified and to state whether they have an interest in the stock.

    The regulator said it had made a settlement agreement with The Phoenix and its publisher 'in relations to breaches which occurred of the disclosure requirements'.
    Advertisement

    The regulator said: 'The matter has been settled on the basis that the breaches are admitted, a fine of €5,000 has been imposed and new measures are to be introduced by the company to support compliance'.


Comments

  • #2
    jdivision
    Registered Users, Registered Users 2 Posts: 4,260 ✭✭✭jdivision


    I can see their point but still it'll be weird seeing somebody's name next to articles in the magazine


Advertisement