TITLE

International Group Urges SEC on Rating Reforms

AUTHOR(S)
Hume, Lynn
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/9/2004, Vol. 350 Issue 32026, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the International Group of Treasury Associations (IGTA) issued a statement yesterday urging the U.S. Securities and Exchange Commission (SEC) to take regulatory action as soon as possible to address credit rating agency issues, such as the transparency of the rating process, conflicts of interest, abusive practices, and the SEC's oversight role. The IGTA's members, which include organizations representing debt issuers and institutional investors from more than 30 countries, unanimously agreed to issue the statement at their recent annual meeting in Sydney, Australia.
ACCESSION #
15317162

 

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