The Ontario Securities Commission has published the responses from the country’s 10 largest investment dealers to OSC chair David Brown’s request for information regarding analyst conflicts.

Brown wrote to the largest dealers in mid-August, requesting the firms’ answers to seven questions regarding how analysts’ conflicts are managed in the firms, including: internal reporting procedures, analyst compensation, policies regarding trading by analysts in securities they cover, watch list and restricted list procedures and other issues.

Brown said that the regulators are concerned that recent events in the U.S. relating to analyst conflicts have impacted investor confidence.

The Investment Dealers Association published rule proposals responding to the recommendations set out in the report by the Securities Industry Committee on Analyst Standards, earlier this year. Those proposals are awaiting commission approval. “We understand that some firms have already implemented internal policies and procedures to address conflicts of interest relating to analysts. In order to determine whether additional action is necessary to address these conflicts, we are assessing current practices,” Brown wrote.