Page "Financial analyst" Paragraph 2

The analysts obtain information by studying public records and filings by the company, as well as by participating in public conference calls where they can ask direct questions to the management.

Additional information can be also received in small group or one-on-one meetings with senior members of management teams.

However in many markets such information gathering became difficult and potentially illegal due to legislative changes brought upon by corporate scandals in the early 2000s.

One example is Regulation FD ( Fair Disclosure ) in the United States.

Many other developed countries also adopted similar rules.