Copyright
Duplicating and publishing the full text of a report from a commercial information service is a breach of the copyright of the author, or the provider, of that service. To copy such a report could result in legal action being taken against the person initiating publication of the copy. To refer to the existence of such a report or announcement, and to its availability through normal commercial channels is, however, acceptable.
A company announcement published via the Regulatory News Service is deemed to be in the public domain, and is not likely to be subject to copyright. However, an interview with a market participant or company executive, or an article published by a commercial information service, both printed and electronic, is copyright and reproduction would be an infringement of that copyright and be in breach of the law.
If in doubt, do not copy.
Abuse and Libel
Contributors should refrain from making abusive and personal attacks against other contributors to the Information Exchange, or other third parties. Making contributions of this nature could lead to legal action being taken against the contributor.
This includes unsubstantiated and derogatory comments concerning the performance of individuals involved in the management of companies.
Declaration of Interest
For the benefit of clarity, contributors should indicate in any notice they post that they have, or anticipate or plan to have, any interest in a company on which they are making comment. The extent of the interest does not require disclosure.
Ramping and Shorting
This is the use of "false" information intended to impact the performance of a company's share price with the intention of misleading others into a course of action that acts to the benefit of the initiator of the message, but the detriment of those acting upon the information.
Ramping is when the intention is to drive up the company's share price, shorting is when the intention is to drive down the company's share price.
This is contrary to the Rules of the Information Exchange and the initiator of such messages will be subject to further action.
Tolerance and Freedom of Speech
Others may not always share your views. However, it is the essence of freedom of speech that others are entitled to their own opinions. Whilst the key to a civilised society is the ability to freely argue and debate alternative opinions, it is equally a key point that others do not have to agree with your views, and have the freedom to take an opposing stance. If logical argument and persuasion can not persuade others, then abuse certainly will not.
The persistent use of abusive messages is against the spirit of the Information Exchange and can lead to further legal action being taken by the aggrieved victim, and the initiator being banned from the Information Exchange.
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