The Great Zero Challenge

[James Cox]

On 8 Sep 2008, at 06:37, Ian Batten wrote:

>>
>> i'm fairly sure it's not a certain sort of person, per se, but due  
>> to fsa/sox regulation that prohibits you from being even 10 feet of  
>> information which may influence decisions you make.
>
> Fair enough.  But I work in telecoms.  I can guarantee you that 98%  
> of the companies I do business with are not affected by the FSA and  
> are only affected by SOX/JSOX/etc in so far as they are traded  
> companies.

there's absolutely no question as to the pointlessness of it - however  
where it might have started by solicitors trying to do basic CYA at  
FSA regulated firms, this has spread to other parts of the industry  
because people think it's a 'good idea' - considering it free legal  
advice, perhaps. hence the viral nature of its spread.

-james