Goldman said that the rule, which was brought in to ensure that researchers are not influenced by the needs of their employers to attract investment banking business, was unfair as researchers’ reports are often amended by their supervisors.
In a letter sent to the SEC, the bank also raised concerns over the legislation due to the ‘fact that the firm may legitimately influence the views of the analyst in a report’.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements