Topic
Regulation
2 articles
Guide
Fairness Opinions Explained: What They Say and Don't Say
Fairness opinions explained: what an investment bank concludes, how the analysis is built, the conflicts FINRA Rule 5150 requires it to disclose, and limits.
Guide
What Investment Banks Do: Advisory, Underwriting and Trading
What investment banks do: advising on mergers, underwriting securities, running trading and research, and the SEC, FINRA and Fed rules that frame the work.