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{
    "id": 374807,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/374807/?format=api",
    "text_counter": 507,
    "type": "other",
    "speaker_name": "",
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    "speaker": null,
    "content": "Hon. Temporary Deputy Speaker, Sir, one other issue is the abuse of the markets. That is those who come to manipulate the markets. Even before I talk about that, this Bill has provided a robust information system to those who are issuing those relevant shares, and it makes it law that, that information must be provided to the members or those who are interested in participating. I like it because it is saying, for example, that if you make a prospectus and you put misleading information inside there or you omit information in a manner that when you read the report or the prospectus it misleads, then penalties have been proposed and I think that is a very good thing in this Bill. This is so that those who are planning to sell the shares to the public are supposed to be truthful. They must declare all the information and, therefore, failure will lead to payment of some fine or you will be jailed."
}