Skies Open for Independents
Traders Magazine, March 2004
Forget about conflicts of interests, scandals, IPO abuses, tech crashes and more regulation. It is the best of times for independent research analysts. The analysts' job has changed irrevocably - some say for the better - with the adoption of Regulation FD (Reg FD). But this rosy outlook comes with some caveats. The job of producing these research insights will be harder. That's even though recent activity suggests that portfolio managers increasingly depend on the original, unbiased insights that give them a competitive edge.
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