White Papers

Achieving Sustainablity in U.S. Financial Markets, Dated June 29, 2010.

Achieving sustainability in the U.S. financial markets requires restoring ethics and accountability to governance.

Ethics Metrics' Industry Report: Impact of Ethics, Governance and Systemic Risks on Investment Values, 2002 through 2009 and Beyond, Dated June 29, 2010

This report by Ethics Metrics measures the exposure of a representative selection of institutional investment managers to systemic risk in the U.S. financial sector.

Comments by Ethics Metrics on "Principles for enhancing corporate governance" by the Basel Committee on Banking Supervision, dated June 15, 2010.

Ethics Metrics' Regulatory Alert: Systemic Risk - Disclosure and Reporting Issues, dated June 14, 2010.

Ethics Metrics' EGS Exchange for Ethics, Governance and Systemic Risks (EGS).

Executive Summary - Governance Directly Impacts Financial Performance.

Ethics Metrics' EGS Exchange is an information exchange that enables its subscribers to measure, compare and price the governance of material risks by financial holding companies (FHCs) and investment advisers.

Actionable intelligence from the EGS Exchange empowers buyers and sellers of debt, equity and derivatives issued by U.S. FHCs to determine accurate valuations for those securities.

Preventing Future Financial Crises: Ensuring Transparency and Ethical Corporate Governance
November 12, 2009, The Ten-Year Anniversary of The Gramm-Leach-Bliley Act

This white paper defines ten interconnected risks that caused the financial crisis along with matching breaches of interconnected federal regulations that must be corrected in order to prevent the delisting of securities by the exchanges and to solve the underlying causes of systemic risk or federal bailouts and moral hazard. The primary cause of the financial crisis is ineffective corporate governance on compliance by Boards of Directors of financial holding companies. Failure of Boards to effectively oversee compliance, as required by the Code of Ethics and the corporate governance listing standards of the exchanges, with the well-managed and well-capitalized standards is the central cause of the financial crisis.