SEC proposes rule change on rating agency standards

Hume, Lynn Stevens
December 1997
Bond Buyer;12/18/97, Vol. 322 Issue 30295, p4
Trade Publication
Reports that the United States Securities Exchange Commission (SEC) voted on December 17, 1997 to propose rule changes on credit rating agency standards. Identification of the rating agencies designated NRSROs by the SEC; Amount of days the SEC will seek public comments on the proposal; Comments from Republican John Dingell, D-Michigan.


Related Articles

  • SEC Examines Credit Ratings System . Julavits, Robert // American Banker;1/28/2003, Vol. 168 Issue 18, p20 

    Focuses on the release of a report by U.S. Securities and Exchange Commission on the credit ratings system. Concerns about the system; Complaints of smaller credit rating companies about Nationally Recognized Statistical Rating Organization approval process.

  • SEC Asks for Comments on Rating Agencies. Hume, Lynn // Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p4 

    U.S. Securities and Exchange Commission (SEC) has issued a concept release on credit rating agencies that asks market participants to comment on 56 questions, including whether the commission should stop using credit ratings for regulatory purposes or increase its regulatory oversight of these...

  • SEC Review Of Raters In the Works. Hume, Lynn // Bond Buyer;3/21/2002, Vol. 339 Issue 31349, p1 

    Reports the plan of the U.S. Securities and Exchange Commission to launch a review of credit rating agencies. Evaluation to determine the need for oversight or regulation on governmental affairs; Relevance of the evaluation to identify the role of rating agencies; Remarks of Commissioner Isaac...

  • Rep. Baker Concerned About 'Oligopoly' Created by SEC. Hume, Lynn // Bond Buyer;4/14/2003, Vol. 344 Issue 31614, p5 

    Reports on the concerns of Representative Richard H. Baker regarding the oligopoly created by the U.S. Securities and Exchange Commission (SEC) in ratings business. Reference to a letter sent by Baker to SEC on the issue; Factors indicating the creation of oligopoly; Concerns of the U.S....

  • SEC to Study Need for More Oversight, Other Issues in New Concept Release. Hume, Lynn // Bond Buyer;1/28/2003, Vol. 343 Issue 31561, p6 

    Reports on plans by the U.S. Securities and Exchange Commission to issue a concept release on credit rating agencies that would explore whether or not the commission should increase its regulatory oversight over those agencies. Basis of the concept by the commission; Securities professionals...

  • Panel: SEC Should Draft Standards for Raters. Hume, Lynn // Bond Buyer;10/8/2002, Vol. 342 Issue 31487, p5 

    Focuses on the recommendation given by the Senate Governmental Affairs Committee to the U.S. Securities and Exchange Commission (SEC) on credit ratings. Need of SEC to set standards for credit rating agencies; Failure of SEC and rating agencies to uncover the financial problems of Enron Corp.;...

  • SEC moves toward tougher oversight for credit agencies. Needham, Vicki // Hill;5/19/2011, Vol. 18 Issue 68, p22 

    The article reports on the proposal of the U.S. Securities and Exchange Commission (SEC) in seeking public comment concerning rules on tougher oversight for credit-rating firms.

  • Oversight panel sought to end sewer debt crisis.  // Underground Construction;Aug2009, Vol. 64 Issue 8, p5 

    The article reports on the Jefferson County, Alabama officials' call for the U.S. Securities and Exchange Commission (SEC) to help it escape bond deals to avoid bankruptcy for over a year. It points out that the deals untangled following the insurers' lost of top credit ratings. It notes that...

  • SEC's New and Proposed Credit Rating Agency Rules.  // Venulex Legal Summaries;2008 Q4, Special section p1 

    The article reports on the approval given by the U.S. Securities and Exchange Commission (SEC) to final rule changes relating to Nationally Recognized Statistical Rating Organizations (NRSROs) and proposed additional NRSRO rules. It is reported, however, that the SEC did not take action on the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics