New analyst restrictions may drive investors away


That does not mean we will not miss them when they are gone.

Analysts are about to get regulated out of existence. And yet, as they fade beneath the waves, there is surprisingly little debate about what they were doing in the first place, or what will replace them.

Last week, a document was published that could condemn the profession to a swift demise.

The International Organisation of Securities Commissions (IOSCO), whose members are most of the world’s main securities commissions — including

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