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Article: SEC and rating agencies.(BUSINESS REFORMS)(United States Securities and Exchange Commission)(Brief Article)
- Article from:
- The Kiplinger Letter
- Article date:
- April 25, 2003
CopyrightCOPYRIGHT 2003 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The SEC will clear the way for competition among rating agencies, easing the licensing rules that give Fitch Ratings, Standard & Poor's and Moody's Investors Service a virtual monopoly. For businesses, the change is a double-edged sword: Competition will lower rating ...
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