It seems like only yesterday…but it was way back in December 2002 that Eliot Spitzer secured a $1.44 billion fine for 10 Wall Street firms that admitted to issuing biased stock ratings. Ever since, the fixed-income business has been living in fear of a similar attack.

It’s surely been a great environment for independent bond analysis providers such as CreditSights, Gimme Credit and KDP Investment Advisors. So why do even the independent providers concede that their business has yet to really

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