Market Mine: The rapidly changing (reducing) role of the traditional sell-side analyst

Not surprising, given low commissions, less and less research coming from the sell-side.From Penny Herscher: : The rapidly changing (reducing) role of the traditional sell-side analyst: "....from Rick Hanley's chart here -- the price of a trade has dropped continuously. Trading volume and investment banking were the two sources of funding for sell-side research -- for the first the price per