CHINESE WALLS: A DEVICE NOT A SOLUTION

Abstract

Recent discussion regarding the protection of investors has focused on the fundamental issue of conflict of interest facing practitioners in the financial services industry. The imposition of Chinese walls might be seen as a way of avoiding such conflict. The author argues that rather than being a solution to the problem Chinese walls should merely be seen as part of the normal structure of securities firms.

Citation

COUNSELL, L. (1993), "CHINESE WALLS: A DEVICE NOT A SOLUTION", Journal of Financial Regulation and Compliance, Vol. 1 No. 3, pp. 314-316. https://doi.org/10.1108/eb024779