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GAAP.RUNewsSEC Issues Report Cautioning Credit Rating Agencies

SEC Issues Report Cautioning Credit Rating Agencies

Publication date: 3 September 2010

The Securities and Exchange Commission issued a report cautioning credit rating agencies about deceptive ratings conduct and the importance of sufficient internal controls over the policies, procedures, and methodologies the firms use to determine credit ratings.

The Securities and Exchange Commission (SEC) issued a report cautioning credit rating agencies about deceptive ratings conduct and the importance of sufficient internal controls over the policies, procedures, and methodologies the firms use to determine credit ratings.