Cracks in the Chinese Wall

O'Leary, Christopher
March 2007
Investment Dealers' Digest;3/5/2007, Vol. 73 Issue 9, p18
Trade Publication
The article discusses the decision of U.S. investors and issuers to separate banking and research to avoid conflict of interests. The separation was first brought up when LVMH Inc. filed a lawsuit against Morgan Stanley Co. & Inc., claiming that it had conflicts on its research and banking divisions. According to the author, most financial institutions have taken measures to separate their banking and research.


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