SEC weighs reforms to credit-rating agencies

Securities regulators are considering proposed rule changes intended to reform the regulation of credit-rating agencies. Proposed in response to industry practices that regulators say contributed to the recent credit market turmoil, the rule changes are aimed at increasing transparency, accountability and competition among such agencies. Comments were due in July. For details of the suggested changes, visit sec.gov/rules/proposed/2008/34-57967.pdf.

Related Topics: Regulatory Moves