Credit Rating Agencies to Disclose History of Ratings, Share Ratings Data under New Rules for NRSROs
September 25, 2009
Credit rating agencies will have to publish ratings histories for all their subscriber- and issuer-paid ratings and share data used for a credit rating with other rating agencies to encourage competition, under rules approved by the Securities and Exchange Commission last week. The SEC adopted several final regulations based on previously proposed rules and proposed some new...