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Twelve associations issue joint statement on misuse of public information

A group of twelve industry associations have issued a joint statement reaffirming their commitment, on behalf of the members and financial markets they represent, to promote fair and competitive markets in which inappropriate use of material non-public information is not tolerated.

They also pledged to undertake various initiatives to inform, educate and provide additional guidance to their members, non-members, and other interested parties alike.The associations stress that their members have long had appropriate policies and procedures in place for handling material non-public information and for fully complying with securities laws and regulations. But since even the

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