外文翻译---分析师建议与纳斯达克市场庄家活动.docxVIP

参阅外文文献资料 Analyst Recommendations and Nasdaq Market Making Activity Stock analysts became celebrities in the bull market of the 1990s. In the bear market that followed, they became the focus of retail investor outrage, especially after regulatory investigations revealed widespread conflicts of interest. In December 2002, ten of the leading investment banks paid fines totalling $1.4 billion dollars to settle civil claims brought by Eliot Spitzer, the New York Attorney General.This paper looks at another potential conflict of interest in the stock market, the one between market making activity an