Is it appropriate to require a company to obtain analyst reports?
Maintaining coverage by analyst reports is a very important factor in supporting active trading among investment professionals. It is therefore considered necessary to encourage companies and their J-Nomads to work towards producing analyst reports. Analysts must not be approached in an improper manner. To ensure analyst independence, the reports are not a hard and fast requirement. Instead, the regulation has been put in place to increase efforts to raise analyst coverage through a variety of approaches.
