the answer from peter landau, page-45

Hi Aktie

This is from WES announcement
But would apply to all companies

"4. INSIDER TRADING LAWS
a) If you have inside information which is not publicly known, it is a criminal offence for you to:
? trade in securities;
? advise or procure another person to trade in securities; or
? pass on inside information to someone else ? including colleagues, family or friends - knowing (or where you should have reasonably known) that the other person will use that information to trade in, or procure someone else to trade in, securities.
b) This offence, called "insider trading", can subject you to criminal liability including large fines and/or imprisonment, and civil liability, which may include being sued by another party or Wesfarmers, for any loss suffered as a result of illegal trading.
5. CONFIDENTIAL INFORMATION
Related to the above, you also have a duty of confidentiality to the Wesfarmers Group. You must not reveal any confidential information concerning the Wesfarmers Group, use that information in any way which may injure or cause loss to the Wesfarmers Group, or use that confidential information to gain an advantage for yourself.
Share Trading Policy ? November 2010 Page 3 of 5
6. WHAT IS "INSIDE INFORMATION"?
a) ?Inside information? is information that:
? is not generally available; and
? if it were generally available, it would ? or would be likely to - influence investors in deciding whether to buy or sell Wesfarmers Securities.
b) It does not matter how you come to know the inside information (including whether you learn it in the course of carrying out your responsibilities or in passing in the corridor or in a lift or at a dinner party).
c) The financial impact of the information is important but strategic and other implications can be equally important in determining whether information is inside information. The definition of information is broad enough to include rumours, matters of supposition, intentions of a person (including Wesfarmers) and information which is insufficiently definite to warrant disclosure to the public.
7. WHAT ARE SOME EXAMPLES OF INSIDE INFORMATION?
The following list is illustrative only and is not exhaustive. Inside information could include:
a) a possible acquisition or sale of any assets or business by Wesfarmers;
b) the financial performance of Wesfarmers against its budget or forecasts;
c) senior management or board changes;
d) a proposed dividend;
e) a possible change in Wesfarmers? capital structure; or
f) any possible claim against Wesfarmers or other unexpected liability.
8. INSIDER TRADING IS PROHIBITED AT ALL TIMES
a) If you possess inside information, you must not buy or sell Wesfarmers Securities, advise or get others to do so or pass on the inside information to others. This prohibition applies regardless of how you learn of the information.
b) The prohibition on insider trading is not limited to information concerning Wesfarmers Group entities or to dealing in Wesfarmers Securities. If you have inside information about another company or entity you must not deal in securities of that company or entity."

As both WES and to a lesser extent CVN have made announcements today perhaps it is because laws are being enforced

Regards
RB