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I think we can all agree that there's no shortage of those, in the "industry".
I look at this one differently, though.
First, I know that if I were ever funding anyone to trade, with almost no entry barriers at all, I'd certainly want to impose a "no news trading" rule, myself: I'd expect many of the perhaps somewhat naive participants not fully to appreciate, from their own experience, the extent to which such procedures are ultra-high-risk in that there can be such spikes in both directions that it's very easy to be right in one's directional bias and still lose enough money very quickly to endanger an account.
Secondly, as a potential customer, I'd instinctively look askance at a company without such a rule, imagining that they're interested only in swallowing try-out fees rather than in successfully identifying people with the appropriate skill-set for a mutually beneficial financial relationship, and I'd feel pretty uneasy about what that might tell me about their own attitudes.
Thirdly, I'd worry that without such a rule applying to their funded accounts, the company might not even be there for the long term because of their own risk factors, so I might even be concerned about their longer-term future ability to pay me out.
Definitely something I'd want to avoid, myself, anyway. I appreciate that opinions vary greatly about the terms and conditions of these "pseudo-prop-firms" (as I think of them), but personally - for all the reasons mentioned above - I'd certainly want to see a "no news trading" rule in place, before even considering signing up with one of them.
