Spitzer: How We'll Keep Analysts Honest

New York's attorney general explains why, after the settlement with Wall Street banks, the Street can't escape the glare of inquiry

New York Attorney General Eliot Spitzer unleashed a hurricane of changes in the aftermath of his crusade against Wall Street's conflicted research practices. On Apr. 28, 10 of the most powerful investment banks, the Securities & Exchange Commission, and other regulators signed off on a new set of standards that are designed to protect investors from tainted research (see BW Online, 4/29/03, "The Settlement Is Just the Beginning").

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