It's illegal in NA. There should be "Chinese Wall" between investment banking division and research. The two departments are not allowed to collude to manipulate stock price.Don't know specific law covering this, but there are restrictions, like trading dept. is not allowed to trade a stock within 20 or 30 days before or after research issues report. But like you are concerned, there are always loopholes to be exploited.
-xjurum(要塞玫瑰);
2008-5-26{251}(#35866@43)
在JESSE LIVERMORE时代,华二街和现在的A股市场差不多,公司老板,少数大户,还有分析员,可以勾结一起,操作市场。But it is now the 21st century. The scale of US stock market makes that kind of manipulation way too difficult.
-wang-lao-wu(钻石王老五);
2008-5-27(#35886@43)
这个花儿街怎么跟中国的官场一样,一起吃顿饭,找找小姐,事情就办好了。Tom, do you know Peter Lynch has settled a case with SEC recently?Just for accepting some gifts many years ago.
-wang-lao-wu(钻石王老五);
2008-5-27{45}(#35961@43)