Fitch may set credit rating limits for complex products

12/19/2007 | Financial Times (free content) · Wall Street Journal, The

Fitch Ratings said it is considering setting a limit on the maximum credit rating possible for complex debt products, such as SIVs and CPDOs. "Structural changes in the credit markets and the dispersion of risk through leveraged structured vehicles have made it more difficult for investors to gauge volatility in times of stress and, therefore, Fitch is calling for greater transparency and revisiting its criteria in light of recent events," said Roger Merritt of Fitch.

View Full Article in:

Financial Times (free content) · Wall Street Journal, The

Published in Brief: