The International Stock Exchange has decided to start disclosing all CEO stock transactions in direct relation to their listed company, and all CEO’s and their alts that resolve to the same IP address will have their transactions displayed for the last 10 days. No they aren’t displaying the ip address, just transactions coming from the same ip address. They are trying to stop any insider trading that has been going on and allow investors to gain a little more knowledge about what is going on in the ISE.

This has caused several companies, Atlas Venture Capital (AVC), Countless Galaxies (CGI), Bart Heart Estates (BHE), Valentine Heart Inc. (VHI), Kristatos Fashion Mall (KFM), and Mystik Designs (MDS), to delist and move to the new Stock exchange, Virtual Stock Exchange.

FOR IMMEDIATE RELEASE - Second Life, Talyn (235, 37, 61); Effective immediately the trading of Atlas Venture Capital (AVC), Countless Galaxies (CGI), Bart Heart Estates (BHE), Valentine Heart Inc. (VHI), Kristatos Fashion Mall (KFM), and Mystik Designs (MDS) have been halted and removed from the International Stock Exchange (ISE). Additionally, all investors will be refunded on trades of AVC, CGI, BHE, VHI, KFM, and MDS.

In an effort to protect investors and cut down on insider trading, we are implementing a policy of disclosing all CEO’s stock transactions in direct relation to their listed company. Furthermore, all CEO’s and their alts that resolve to the same IP address will have their transactions displayed for the last 10 days. Source: International Stock Exchange Responds On Companies Delisting

So, lots of stuff happening at the ISE, and I didn’t even mention the fact that they have put the Exchange up for auction.

Loads of comments about the new policy are available here.

Popularity: 4%