Conflicts of Interest in the Financial Services Industry: What Should We Do About Them?

Recent corporate scandals and the stock market crash that started in March 2000 have increased concerns about conflicts of interest in the financial services industry. This CEPR Report analyzes what conflicts of interest are and why we care about them, and develops a framework for evaluating policies to remedy them. Eugene White has written a new addendum to the report providing an in-depth look at the mutual fund scandal.