1. Conflicts Of Interest
... corporations a good name. This is impacting the broader business as well. Top officials of the stock exchange met to update rules about these conflicts of interest for not only Salomon Smith Barney, but for the entire industry. These new rules will be directed toward abuse of initial public offerings. Salomon proposed a punishment that included hefty fines and greater separations between departments ... public offering disputes? The state mentioned that a $100 million dollar settlement might be appropriate considering that to be the standard set by other corporate settlements this year....
- Word Count: 206
- Approx Pages: 1
- Grade Level: High School