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  • Mr Macphillamy's case was part of a broader investigation into "rumourtrage" called Project Mint, which ASIC launched last March.

    The Australian | News |

  • "rumourtrage" laws after spreading false rumours about Macquarie.

    The Australian | News |

  • The minister has asked statutory group the Companies and Markets Advisory Committee to provide a report by June 30 on whether changes to the Corporations Act are necessary to stamp out rumourtrage, market manipulation and similar practices.

    The Australian | News |

  • Financial Regulation Minister Nick Sherry said last November he had plans to tighten up laws on rumourtrage.

    The Australian | News |

  • The Minister has referred the practice of rumourtrage as well as closed analysts 'briefings, margin borrowing by company directors and so-called' blackout trading 'to the government's Corporations and Markets Advisory Committee for advice.

    Peter Martin

  • Speaking to the National Press Club Senator Sherry said although some forms of rumourtrage were already outlawed under the Corporations Act, the government needed to do more.

    Peter Martin


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  • The practice of spreading false or misleading information about a company to take advantage of the subsequent move in the company's stock price. Also: rumortrage. (Blend of rumour and arbitrage.) (From WordSpy)

    January 17, 2009