RESEARCH REPORT
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19401986 1998 2004 2
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1997 1997 19971997 19981999 1999 2000 2001 20022005 2005<> 2005 (2006) 4
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1000 A B H 9
2000 9 7 11 14 304 152 50% 0304 60.32 100 0.1980 0 43 4937 0.0122 2002 2005 2003 2001 3 2005 10
65.7% 16.7% 17.6% 29% 11
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20% 80% 13
2002, 1% 2%, 14
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http://wy.hotsales.net/com 6.Michael Gruson, Jerry Markham and Eric Roiter, United States Securities and Investment Regulation Handbook 277(Graham & Trotman ed., 1992). 7.David B. LevantFinancial Columnists as Investment Advisers: After Lowe and Carpenter74 Calif. L. Rev. 2061. 8.Donald E. Lively,Article :Securities Regulation and Freedom of the Press :Toward a Market of Ideas in the Marketplace of Investment,60 Wash.L. Rev.843(1985). 9.Oxera,Description and assessment of the national investor compensation schemes established in accordance with Directive 97/9/EC,a report prepared for European Commission (Internal Market DG),(2005). 10.James H. Walsh, Federal Regulation of Financial Planners After the Investment Advisers Supervision Coordination Act, 10 DePaul Bus. L.J. 259, 269 (1998). 11.American Bar Association's Subcommittee on Civil Litigation and SEC Enforcement Matters, Law Firm Policies Regarding Insider Trading and Confidentiality, 47 Bus. Law. 235,(1991). 12.Alan HowardThe Constitutionality of Deceptive Speech Regulations: Replacing the Commercial Speech Doctrine with a Tort-Based Relational Framework41 Case W. Res. 1093. 13.Virginia State of Board Pharmacy v. Virginia Citizens Consumer Council, Inc. Lowe v. Securities and Exchange Commission, 472 U.S. 181 (1985). 14.Securities and Exchange Commission Release No.IA-2091;File No.S7-10-02. 15.SEC v. Capital Gains Research Bureau, 375 U.S. 180 (1963). 16.Banca Cremi, S.A. v. Alex. Brown & Sons, Inc., 132 F.3d 1017,(4th Cir. 1997). 17.Zweig v. Heart Corp.,594 F. 2d 1261(9 th Cir.1979). 41