On Wed, Feb 23, 2011 at 3:40 PM, Pilar McAdam <[log in to unmask]>wrote: > > Ivana, you didn't describe what you mean by "Chinese wall". Does your > firm have an office in China? > here is but one definition of a "chinese wall" A term used to describe procedures<http://www.businessdictionary.com/definition/procedure.html>enforced within a securities <http://www.investorwords.com/5954/securities.html> firm<http://www.investorwords.com/1967/firm.html>that separate the firm's departments <http://www.businessdictionary.com/definition/department.html>to restrict <http://www.investorwords.com/10911/restrict.html> access<http://www.businessdictionary.com/definition/access.html>to non-public, material information <http://www.investorwords.com/3011/material_information.html>, in order <http://www.investorwords.com/3495/order.html> to avoid<http://www.investorwords.com/8901/avoid.html>the illegal use of inside information <http://www.investorwords.com/2486/inside_information.html>. Read more: http://www.investorwords.com/854/Chinese_Wall.html#ixzz1Ep3louag and one more *What Does Chinese Wall Mean?* The ethical barrier between different divisions of a financial (or other) institution to avoid conflict of interest. A Chinese Wall is said to exist, for example, between the corporate-advisory area and the brokering department of a financial services firm to separate those giving corporate advice on takeovers from those advising clients about buying shares. The "wall" is thrown up to prevent leaks of corporate inside information, which could influence the advice given to clients making investments, and allow staff to take advantage of facts that are not yet known to the general public. http://www.investopedia.com/terms/c/chinesewall.asp -- Peter Kurilecz CRM CA [log in to unmask] Richmond, Va http://twitter.com/RAINbyte http://tech.groups.yahoo.com/group/RAINbyte/ http://paper.li/RAINbyte/rainbyte Information not relevant for my reply has been deleted to reduce the electronic footprint and to save the sanity of digest subscribers List archives at http://lists.ufl.edu/archives/recmgmt-l.html Contact [log in to unmask] for assistance To unsubscribe from this list, click the below link. If not already present, place UNSUBSCRIBE RECMGMT-L or UNSUB RECMGMT-L in the body of the message. mailto:[log in to unmask]
