He noted that the vast majority of those companies surveyed recently by the National Investor Relations Institute open their analyst conference calls to the public and that more companies were planning to do so. In fact, many companies say they'll clam up, according to NIRI's study. They argued that they need the same access that we want. Securities analysts, Kaswell said, play an important role in obtaining and analyzing financial information for their clients. We should be promoting entrepreneurism as an important force in getting information to the marketplace.
Competition is at the heart of our economy's success.
It's bad for the markets, and, hence, it's bad for investors. The Securities Industry Association brings together the shared interests of more than 740 securities firms to accomplish common goals. The U.S. securities industry manages the accounts of approximately 50 million investors directly and tens of millions of investors indirectly through corporate, thrift, and pension plans.