No. of Recommendations: 6
It seems a bit disingenuous to me for the brokerage firms to suddenly say, "OK, call off the attack dogs and we won't announce 'buy,' 'hold' or 'sell' recommendations anymore since we were obviously conflicted."

Now I don't know if what they did was exactly illegal; is it against the law to shout "buy" even if you think "sell?" I just don't know. But if it is, and that's what they were doing, then I don't see why the attack dogs should be called off. Just because they were caught red-handed and now feel remorse doesn't mean they should be excused for their prior misdeeds.

If it was illegal what they did, and it can be proved they did it, then they should be prosecuted regardless of their vows to be good in the future. They should be prosecuted and vow not to defraud anyone again.

Rich
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