Tuesday, March 20, 2012

FAIR Canada, the Canadian Foundation for the Advancement of Investor Rights, posted a very interesting article yesterday (you can read it at: http://faircanada.ca/top-news/exchange-conflicts-of-interest-must-be-appropriately-managed/).

The writer suggests that there are signficant actual and potential conflicts of interest in the way we currently run our stock exchanges, with the needs of the investors, who depend on the exchanges for their regulatory function as well as their trading utility, often taking a distant third place to both listed companies and the profit motive.

From an IR perspective, these conflicts are pretty clear.  Not to mention exchanges buying an IR firm in order to support their listed companies and then promoting the IR to new listings....

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