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Pastimes : CNBC -- critique.
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To: Demetre Deliyanakis who wrote (2627)5/12/1999 10:55:00 AM
From: PMS Witch   of 17683
 
I remember seeing their policy some time ago. I don't remember if it was in print, on-line, or on the tube. I'll try to repeat it as well as I can remember.

They can use limited investment vehicles. They must disclose their holdings to CNBC. They cannot change their investments within a certain period (months) of the investment being mentioned on-air. If an investment they are involved with is mentioned on-air, they must disclose to the viewers their involvement. I think this goes for their family as well.

I've heard them disclose from time to time. I guess they cannot fully control guests. I think the policy is fair. It allows these people freedom to manage their affairs as they see fit, but tends to reduce conflicting interests.

If I have this wrong, please post a correction. PW.

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