Market abuse

Market Abuse – ESMA advises EU Commission on new regime

Market abuse is an allegation that regularly comes up associated with certain companies - frequently those listed on AIM. There has been an EU Directive on market abuse for some years, which laid down what EU countries should legislate against via suitable regulations. In the UK that framework was actually extended somewhat and you can see the current UK regulations under the "Code of Market Conduct (MAR1)" handbook - see http://www.fshandbook.info/FS/html/FCA/MAR/1. You just need to look at the headings of the chapters ...

Blinkx – more market abuse in AIM stocks?

The Blinkx share price reached a peak of 218p on the 6th January, but yesterday (30/1/2014), it closed down 33%. At one point it was as low as 90p. This followed the publication of a blog post by Benjamin Edelman under the heading "The Darker Side of Blinkx" which attacked various aspects of the company's operations.Blinkx sells advertising linked to on-line videos, supported by a video search engine (it originally spun out of Autonomy). Edelman, who is an associate professor at ...