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(12 marks) In a major business news agency the Code of Conduct that deals with information reporting and personal investments by members of its editorial

(12 marks) In a major business news agency the Code of Conduct that deals with information reporting and personal investments by members of its editorial staff states that Before you report on a company in which you or your family has any kind of shareholding or other financial interest you must notify the interest to your manager or bureau chief. You must not deal in securities of any company, or in any other investment, about which you have reported in the previous month. If you are regarded as a specialist in a particular area of business or industry you must notify your manager or bureau chief of any financial interest you may have in that area or industry. Using what you have learned from the assigned article entitled Financial Jour- nalism, Conflicts of Interest and Ethics: A Case Study of Hong Kong, critically comment on the rationale of each of the three guidelines above.

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