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Pastimes : Analysts Exposed- Jamie Kiggen (DLJ)

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To: Pamina who wrote (99)11/24/2000 9:45:02 AM
From: BWAC   of 263
 
Very true. BUT is it right?????

"When any company recommends a stock with whom they have a financial relationship - their primary responsibility is to that company not to you - the retail investor. "

WHEN that very analyst report filters it's way to the sales staff brokers who THEN use the research to recommend a RETAIL INVESTOR buy. Is that right? Who is responsible? Their giving professional advice. Should there be no professional standards? Should there be no professional ethics? Could you as a licensed professional operate this way in your respective field of work?
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