SEC Examinations Find Shortcomings in Credit Rating Agencies? Practices and Disclosure to Investors
      

The Securities and Exchange Commission today released findings from extensive 10-month examinations of three major credit rating agencies that uncovered significant weaknesses in ratings practices and the need for remedial action by the firms to provide meaningful ratings and the necessary levels of disclosure to investors.
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http://www.ponziscams.com/blog/sec-examinations-find-shortcomings-in-credit-rating-agencies-practices-and-disclosure-to-investors/