Trade bodies back credit rating agency reforms

Calls for changes to the 'nationally recognized statistical rating organization' (NRSRO) framework, much criticised since the downfall of Enron and other large US companies, were made in recent comment letters to the Securities and Exchange Commission (SEC) in response to the regulator's June concept release.

Credit rating agencies and associations, among others, responded to the SEC's concept release. However, the agencies and associations differ widely in terms of the degree and scope of c

To continue reading...

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 indvidual account here: