New York, March 7, 2011 – While recent events have put significant spotlight and increased scrutiny on expert network firms, Primary Insight, LLC supports the recent approval of the use of expert network firms by investors. In the latest public statements, US Federal Authorities have made several specific comments about the legitimacy of using expert networks. Both the US Attorney for the Southern District of New York, PreetBharara, and The Director of the SEC’s Enforcement Division, Robert Khuzami agree that conducting channel checks and using expert networks to undertake legitimate investment research is perfectly legal. Primary Insight, LLC stands firm in their optimistic outlook for the expert network industry and re-assuring the investor community that third party research is still an acceptable option and the best value-add for their primary research.

Understanding the issues surrounding one of the largest insider trading investigations, Primary Insight’s compliance framework has become extremely important and a top priority for the firm. It has put extensive time and resources to cater to investor’s needs and requirements, building sophisticated tools necessary to assist them in managing their third-party consultant interactions.

http://www.businessinsider.com/feds-agree-expert-networks-okay-2011-2

About Primary Insight
Founded by industry pioneers in 2005, Primary Insight, LLC is a global leader with a unique approach in facilitating institutional money managers with direct access to fresh and, most often, custom recruited experts across all industry sectors and regions who have little to no exposure to the investor community. Primary Insight adheres to and mandates the most compliant framework in the industry as well as providing legal & compliance officers with cutting edge technology that allows for firm-wide, global oversight of all expert interactions with their analysts. Primary Insight emphasizes quality over quantity in order to provide the most appropriate experts for each investor call. The firm has three global research centers in the US, UK and Asia and currently serves over 100 of the world’s leading money managers. Please contact Primary Insight at www.primaryinsight.com.