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  • May 2007 Credit Ratings Letter To SEC Chairman Cox

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    huffpostfund
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    We commend you and your staff for your careful consideration of important issues while drafting proposed rules to the Credit Rating Agency Reform Act of 2006 ("Reform Act"), the objectives of which are to improve ratings quality by increasing competition, transparency and accountability in the credit rating agency industry. We are writing to express our concern; however, about one of the proposed rules (Rule 17g-6(a)(4)) that may mandate that a nationally recognized statistical rating organization (NRSRO) use the ratings of other current and future credit rating agencies interchangeably with its own.

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    May 2007 Credit Ratings Letter to SEC Chairman Cox

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    85 views2 pages

    May 2007 Credit Ratings Letter To SEC Chairman Cox

    Uploaded by

    huffpostfund
    We commend you and your staff for your careful consideration of important issues while drafting proposed rules to the Credit Rating Agency Reform Act of 2006 ("Reform Act"), the objectives o…
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