§ Mr. MitchellTo ask the Chancellor of the Exchequer what steps the Government propose to take to stop insider trading; and if he will introduce legislation(a) requiring public companies to provide notification to their shareholders of significant changes in their circumstances to reach them not later than the information is released to the Stock Exchange and (b) prohibiting meetings with representatives of such companies by investment analysts enabling the analysts to acquire information about a company earlier than the company's private shareholders. [2128]
§ Mrs. LiddellThe Criminal Justice Act 1993 makes it a criminal offence to engage in insider dealing in the UK. The Government will keep the scope and effectiveness of this legislation under review. But we have no plans to introduce the additional legislation suggested. The Stock Exchange Listing Rules already place a duty on listed companies to make price sensitive information available to their shareholders and other members of the public on the same basis.