SEC proposes tougher rules for credit rating agencies

05/19/2011 | Wall Street Journal, The

The Securities and Exchange Commission proposed tougher regulations for credit rating agencies, which were considered contributors to the global financial crisis. The proposed rules, mandated by the Dodd-Frank Act, would give investors more information about the assumptions behind ratings. The SEC's proposal does not, however, address all concerns about conflicts of interest between rating agencies and issuers.

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Wall Street Journal, The