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Investment banking, securities analysis, and regulatory overreaction



Remember Spitzer´┐Żs billion and half buck settlement and all the rules about conflicts between investment banking and securities analysis? I discuss recent data indicating that investors were not hurt after all. Chalk it up to the costliest gubernatorial campaign in history.

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.