Securities Advisory: SEC Proposes Regulation Analyst Certification to Address Research Analyst Conflicts of Interest.
8/19/2002
This Advisory accounts for the SEC's proposed rule regarding research analyst conflicts of interest, entitled Regulation Analyst Certification, or Regulation AC. Regulation AC derived from rule changes that the Nation Association of Securities Dealers and the New York Stock Exchange had designed to provide full disclosure on potential conflicts of interests involving research analysts. This Advisory provides a detailed list of items that the new rules regarding analysts will imply. This new rule requires that research analysts certify each of their reports pledging that their compensation was not by any means related to the specific recommendation expressed in the report.
