If the analyst is communicating his findings to a select group of people and it might lead to proprietary trading by his employer, then you might have problems. But if he is publishing information for a widespread audience, I have less of a problem with it,
More Quotes from Harvey Pitt:
As a safety precaution while the tragic events of today are sorted out, the securities markets have decided not to open for trading today. We strongly support that decision.Harvey Pitt
Now you sit there and shut up... and the next time the President gets fired up to take strong action against Corporate Crooks, like he did last January, shut your yap, stop worrying about over-regulation and market dips, and let him do it, ... That way I won't have to be the one who's supposed to look tough.
Harvey Pitt
We meet with lots of people ... we meet with representatives of many investment groups,
Harvey Pitt
SEC Chairman Harvey Pitt told Congress Monday that government regulators are conducting an investigation into the Enron collapse. When Enron began to implode, SEC issued a no-holds-barred investigation, ... But until the investigation is completed we cannot fairly assign blame.
Harvey Pitt
They are formidable and they are very fine lawyers, and I think they and their lawsuit have to be taken seriously.
Harvey Pitt
With respect to short selling, ... the goal of all of us is to have a market that most closely approximates the normal trading environment. As a result of that, you can tell in which direction we will probably be leaning.
Harvey Pitt
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