Tag: Analysts

SEC dusts off Reg AC to charge former Deutsche Bank analyst | Compliance Week

Today, the SEC announced that it has filed a settled administrative proceeding against Charles P. Grom, a former Deutsche Bank research analyst, for allegedly certifying a rating on a stock that was inconsistent with his personal view. The SEC alleged that Grom’s conduct violated the analyst certification requirement of Regulation Analyst Certification (“Reg AC”). via SEC dusts off Reg AC to charge former Deutsche Bank…

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FINRA Fines 10 Firms a Total of $43.5 Million for Allowing Equity Research Analysts to Solicit Investment Banking Business

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined 10 firms a total of $43.5 million for allowing their equity research analysts to solicit investment banking business and for offering favorable research coverage in connection with the 2010 planned initial public offering of Toys”R”Us. via FINRA Fines 10 Firms a Total of $43.5 Million for Allowing Equity…

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As FY 2014 Closes, SEC Brings Two Cases Based on Leaked Info From Analysts | Compliance Week

In two cases filed this week as the SEC’s fiscal year 2014 comes to a close, the SEC delivered a sharp reminder to financial analysts (and their friends!) that market-moving ratings changes by financial institutions need to remain confidential until they are publicly announced. via As FY 2014 Closes, SEC Brings Two Cases Based on Leaked Info From Analysts |…

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