By Nigel Somerville | Tuesday 12 August 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I read with considerable interest Tom Winnifrith’s article on how companies get away with telling abject lies by RNS . There is clearly a conflict of interests in the system whereby regulatory oversight is provided by Nomads, who are engaged by the very people they are supposed to oversee.
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