Analysts learn to live with CP-205

Morgan Stanley has announced its research analysts will soon be housed behind a physical barrier, while other banks are occupied with the strategic positioning of potted plants aimed at cosmetically creating the appearance of compliance. Credit analysts for both cash and structured products see the pending construction boom as part of an appropriate response to the FSA’s rules regulating their business. “Building a physical wall is window dressing. But the point of the regulation is to be se