Wednesday
Aug272014
SEC acts to restore compliance at ratings agencies
By 
Richard L. Cassin | Wednesday, August 27, 2014 at 2:08PM
Richard L. Cassin | Wednesday, August 27, 2014 at 2:08PM 
The Big Three credit rating agencies -- Standard & Poor's, Moody's, and Fitch Group -- control about 95% of the market. They played a pivotal role in causing the 2008 financial meltdown. Rules adopted by the SEC Wednesday are intended to bring integrity back to the ratings process.
tagged Barack Obama, Fitch Group, George W. Bush, Louis A. Aguilar, Moody's, SEC, Standard & Poor's |
Barack Obama, Fitch Group, George W. Bush, Louis A. Aguilar, Moody's, SEC, Standard & Poor's |