Reuters columnist resigns after breaching rules on share trading

A columnist working for Reuters’ Breakingviews financial commentary service has resigned after breaking the news agency’s rules on share dealing.

Reuters editor-in-chief David Schlesinger told staff in a note today that the columnist had breached rules restricting staff from writing about companies in which they have a financial interest.

Schlesinger said the staff member wrote commentary pieces then made trades shortly afterwards, Reuters said this afternoon.

“While we have no evidence the journalist was abusing his position for financial gain, we take such breaches extremely seriously and that journalist resigned with immediate effect during our investigation,” Schlesinger wrote.

Several other cases had also come to light, Schlesinger told staff, as a result of questioning Breakingviews staff.

None of those involved were named.

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