US authorities turn up the heat on rating agencies

The US financial regulator is working on a new set of rules designed to tackle the rating agency "shortcomings" that contributed to the recent subprime crisis.

SEC chairman Christopher Cox said in a recent speech that "the rules governing US-based rating agencies such as Moody's, S&P and Fitch affected risk management by banks and institutional investors half a world away."

Cox said that 2008 would see the SEC "lead the way with proposals for new, more detailed rules... that respond directly to

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.


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 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