To avert any potential scandals like those that have plagued equity analysts, the Bond Market Association has drafted its own guidelines for independent fixed income research. And these are slated for discussion this Friday at a BMA-sponsored Asset Managers Forum in New York.

The Washington-based organization hopes its guidelines, issued in December, will head off potential conflicts of interest by bond analysts and their brokerage firms. The association is accepting market comments on the voluntary guidelines through Feb. 17, and anticipates finalizing its recommendations by March 1.

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