Exchange guidelines for watchdogs
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The Stock Exchange is to publish guidelines for industry regulators governing how they should release price-sensitive information to the marketplace, writes Mary Fagan.
The move would be the first public attempt to influence the actions of the watchdogs, and follows mounting concern over the power of the regulators and leaks earlier this year of price-sensitive information about regulation of electricity companies. The Exchange has no jurisdiction over the regulators. There is no suggestion that there will be any effort to intrude into regulators' decisions, only how those decisions are communicated to the outside world.
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