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SEC adopts new rules for credit-rating agencies (AP)

Started by riky, December 04, 2008, 01:01:51 AM

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riky

SEC adopts new rules for credit-rating agencies
    (AP)

 


AP - Federal regulators on Wednesday adopted new rules designed to stem conflicts of interest and provide more transparency for Wall Street's credit-rating industry, widely faulted for its role in the subprime mortgage debacle and ensuing credit crisis.


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