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The FIRST
Research Consortium
Financial Independent Research
Standards Task Consortium
The
FIRST Research Consortium is a
collaborative of the world's leading independent fee-based equity research
firms, currently consisting of 15
standards-based Member-Providers in six countries worldwide.
Founded in May, 2003, as a not-for-profit Association of
Standards-Based Research Providers, and recognizing that surveys indicate
that three out of every four investors are "most influenced" by an Analyst
report, The FIRST Research Consortium believes it to be in the public's interest to define the provision
of such research, and, in conjunction with ethical Providers, to from time
to time establish, promulgate and update acceptable industry-wide umbrella
"Standards of Practice," and to fully inform and educate the industry and
the public as to these "Standards" and deviations therefrom.
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