Monitor

OUR STOCK EXCHANGE'S struggling Trivial Pursuits Board (GEM) is still trying valiantly to strike an elusive balance between proper regulation of securities and inducements to companies to list their securities.

It has just published another list of amendments to its rules. They are mostly of a housekeeping nature, a twist here to tighten a restriction and a tweak there to loosen one. We will not bother to go into the relative merits of these changes. It comes down to lawyers' talk and I value having readers. Ever tried to read a legal brief?

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