Preemptive strike

The prospect of Eliot Spitzer launching a probe into fixed-income research has prompted the BMA to draw up a set of guiding principles for the industry. But some investors are questioning the motivation for such an initiative. Saskia Scholtes reports

After months of discussion and negotiation with research analysts, compliance officers and legal advisors from all the major banks across the United States and Europe, the Bond Market Association has finally released the fruits of its labor: a 69-page document detailing proposals for a set of guiding principles to promote the independence of fixed-income research.

In a move prompted by a series of high-profile investigations, Congressional hearings and regulatory developments concerned with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here