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Article: BNY Jaywalk Announces Comprehensive Independent Research Solution to Firms Participating in the Global Research Analyst Settlement.
- Article from:
- Business Wire
- Article date:
- July 21, 2003
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Business Editors
NEW YORK--(BUSINESS WIRE)--July 21, 2003
"The Independent Research MeritocracyTM"
The Bank of New York announced today that BNY Jaywalk, the Bank's independent equity research consultancy and wholly owned subsidiary, is offering a new plan called The Independent Research MeritocracyTM. The plan will be made available to sell-side brokerage firms now required to procure and distribute independent equity research as part of the Global Research Analyst Settlement.
The BNY Jaywalk plan offers each settling firm the opportunity to create, on behalf of its individual investors, a process for the ongoing selection of ...