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To: chomolungma who wrote (84647)7/11/2002 5:24:25 PM
From: SteveCRespond to of 275872
 
There is a lot of wiggle room under the regulation. Plus, what proof is there than that the brokerage industry follows any SEC regulations? For years the brokerage industry claimed that their analysts were completed shielded from their investment banking business operations. The reality was the analysts got paid based upon how much new investment banking business they helped the brokerage companies obtain.