Who rates the raters?

Fledgling rating agencies are complaining about a so-called cartel being run by the SEC in its system of granting ‘approved status’ but this hasn’t prevented Canadian agency Dominion from making the grade, as Hardeep Dhillon reports


For nearly a century rating agencies have been providing a valuable service to investors, helping them avoid uncreditworthy debt issuers. But it has only been in the past 30 years that a select few agencies have been granted ‘approved status’ by the industry regulator. Since then, any new entrants into the credit rating business have found it more or less impossible to break into this elite group and gain recognition by regulator and industry alike.

It seems that it doesn’t matter if

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here