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Personal Finance > Investing
Goldman polices analysts
August 9, 2001: 10:14 a.m. ET

Brokerage house is latest to jump on the bandwagon to shackle analysts
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NEW YORK (CNNfn) - Goldman Sachs Thursday fell into lockstep with Merrill Lynch and Credit Suisse First Boston by issuing a new policy requiring its analysts to disclose ownership of stocks in companies they cover.

Merrill initiated the moves last month in response to growing scrutiny of the  objectivity of analysts' recommendations.

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Two Wall Street gurus – Mary Meeker of Morgan and Stanley and Merrill's Henry Blodget -- are facing class-action suits by irate investors alleging they were given favorable reports of troubled companies.

CNNfn's David Haffenreffer takes a look at Goldman's new disclosure rules. graphic





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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.