PT - JOURNAL ARTICLE AU - Paul Ryan TI - Analysts and Non-Public Information AID - 10.3905/joi.2001.319481 DP - 2001 Nov 30 TA - The Journal of Investing PG - 14--16 VI - 10 IP - 4 4099 - https://pm-research.com/content/10/4/14.short 4100 - https://pm-research.com/content/10/4/14.full AB - The author tests the nature of the sell-side analyst's information advantage, particularly the analyst's ability to act as a conduit for the flow of nonpublic information to the market. He examines in addition whether the nature of information not in the public domain differs in nature from publicly available information.