The PCC has issued a practice note in relation to financial journalism. Clauses 1 (accuracy) and 13 of the PCC code apply to financial journalism and provide that journalists shouldn't undertake any form of activity relating to financial journalism which could be open to misinterpretation. In other words, no profiting from share tipping or similar activity.
The practice note ties in with the recently issued Investment Recommendation (Media) Regulations 2005
PCC Practice Note
Investment Recommendation (Media) Regulations 2005
Example: Mirror City Slicker case - comment HERE