giants2010

My interpretation is that the analyst must disclose whether:

1. The firm was managing the selling group for the firm under discussion.

2. The analyst was involved in the marketing of the securities of the firm under discussion.

Frankly, the analyst shouldn't be involved in the marketing (ie road shows) anyways. I can't remember if it's against the required or recommended items in the ROS, but it's definitely a no-no.

If anyone feels differently, let me know. This question doesn't seem very pressing though; I'm assuming that situations this deeply ambiguous are not going to be present on the exam.