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Comment: Psst, something is up at the FSA

Word has reached Financial News that the Financial Services Authority is worried about rumours.

The gist of the concern is this. People taking part in the markets might act on rumours to conduct trades. Other, unscrupulous individuals might spread false or misleading rumours about companies in the hope of this happening - creating a false market that will allow the rumour-mongers to make money at the expense of the rest of us.

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