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wrong.. just ask Henry Blodget if he can be analyst.. Stock analysts are regulated by the SEC..
by shareme 15y ago
wrong.. just ask Henry Blodget if he can be analyst.. Stock analysts are regulated by the SEC..
- OstiaAntica 15y agoYou don't understand the legal structures here. Of course there are rules, but there's no competitive barrier to entry to the stock analysis business. There are thousands of companies that provide stock research, but only a handful of official bond ratings companies. And there's an entire legal and regulatory structure around bonds and bond ratings, which does not exist around equities, and which connect bond ratings to the US banking, pension, and insurance systems. Here's a good overview of the debate on ratings agency reform: http://www.sec.gov/rules/concept/33-8236.htm http://www.sec.gov/rules/concept/33-8236.htm