U.S. Securities & Exchange Commission
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U.S. Securities and Exchange Commission

Securities Analysts

Securities analysts' reports and recommendations can influence the price of a company's stock. Over the last several years there has been increased concern regarding the changing role of analysts. Whereas sell-side analysts used to be perceived as objective forecasters of corporate prospects and providers of opinions, some have increasingly become involved in marketing investment banking services. In order to ensure the integrity of our markets, it is vital that possible conflicts of interest among analysts and their firms be clearly disclosed and understood by the investing public who read those reports. The publications listed below address these issues and regulatory matters pertaining to analysts.

Investor Guidance

Commission Information

NASD/NYSE Information

Self-regulatory organizations, such as the New York Stock Exchange (NYSE) and the National Association of Securities Dealers (NASD), regulate their broker-dealer members' communications with the public, including the opinions provided by analysts for brokerage firms. For additional information about analysts, please view the information listed below.



Modified: 01/05/2006