Calandra IS NOW DELETED from Newsroom Roster. It may be because of this "full-time newsroom staff members cannot trade securities of companies that they regularly cover. "Trading" includes long positions, short-sale positions and derivatives such as options contracts.
cbs.marketwatch.com
Thus in a blink of a URL Calandra is no longer in the Newsroom and no longer subject to the rules. Of course the prior disclaimer for the Calandra Report clearly says all employees can own Calandra Report shares.
I read the policies as conflicted and allowing all employees to trade anyway the want to read them. What does Marketwatch say?
"We regret Thom Calandra's departure," Larry Kramer, MarketWatch's chairman and chief executive, said in a statement. "We are confident we have appropriate policies. What we don't know is whether they were followed."
WHICH POLICY HOLDS? Which is appropriate? And if Calandra is confused if he is on the Newsroom Roster, isn't everyone?
The Calandra Report Terms and Conditions of Use...says MarketWatch, its officers, directors, employees and/or associated entities, including Thom Calandra, may have positions in and may from time to time make purchases or sales of the securities discussed or mentioned in the Report.
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