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Club Crackdown on Insider Information21 December 2005LONDON, UK -- As reported by The Guardian: "The Jockey Club's ambitious attempt to regulate the use - and misuse - of inside information in racing took a significant step towards a conclusion yesterday, when the report of John Bridgeman's inquiry into the issue made 13 recommendations designed to 'shine a torch into the dark corners' of the sport. "A key theme of Bridgeman's report is that far more information should be made available to racegoers and betting shop punters, with the mandatory weighing of all horses before a race just one of the likely results. Such a move would help to prevent trainers sending their horses to the track when they are short of peak fitness. "His committee - which included former trainers and jockeys as well as representatives of owners, breeders and punters - also recommends a formal Code of Conduct on the use of inside information. This would apply not just to owners, trainers, jockeys and stable staff, but also to bookmakers and the racing media. An extension of the ban on jockeys betting to include their agents also seems likely..." |