Bond Market Association Proposes ‘Guiding Principles’ for Mortgage Securities Research
January 16, 2004
Eager to head off the scrutiny that has dogged the equity markets in the wake of the Enron scandal, the Bond Market Association is floating a plan to create broad guidelines for research on fixed-income securities. “This is something that the industry wanted to do proactively,” said BMA Deputy General Counsel George Miller of a 69-page draft document that lays out a proposed best practices