SEC warns Moody's that it might face enforcement action

05/10/2010 | CNBC · Wall Street Journal, The

Moody's Investors Service revealed in its annual report that the Securities and Exchange Commission is considering taking action against it for misleading regulators in its application to maintain its status as an officially recognized credit rating agency. The SEC said Moody's did not adhere to policy outlined in the application, according to the report.

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CNBC · Wall Street Journal, The

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