SEC Tackles Asset Transparency, Conflict of Interest At Credit Rating Agencies
The SEC is finalizing two new sets of rules today: one that would increase the transparency of the asset-backed securities that caused much grief for investors, including pension funds, during the financial crisis. The other set of rules would improve the reliability of the ratings issued by credit rating agencies. Pension funds and other institutional … Continue reading SEC Tackles Asset Transparency, Conflict of Interest At Credit Rating Agencies