SEC Adopts Credit Rating Agency Reform Rules
Posted by William Byrnes on August 28, 2014
The Securities and Exchange Commission Wednesday, August 27 adopted new requirements for credit rating agencies to enhance governance, protect against conflicts of interest, and increase transparency to improve the quality of credit ratings and increase credit rating agency accountability. The new rules and amendments, which implement 14 rulemaking requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, apply to credit rating agencies registered with the Commission as nationally recognized statistical rating organizations (NRSROs). ….
This entry was posted on August 28, 2014 at 10:02 and is filed under Compliance. Tagged: Credit Rating Agency, NRSRO, SEC. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.