Relevant:
- SEC Takes Rating Agencies to Task; “Serious Shortcomings†Cited
- SEC lets Moody's off the hook in warning to rating agencies
- Asia, Europe Look to End US Credit Ratings Supremacy
- SEC to Consider Flash-Order Ban, Rules for Credit-Rating Firms
- Global Sovereign Credit Rating Downgrades Set To Hit Record High, Fitch Says
2011-09-30 — reuters.com
"The U.S. Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency's enforcement chief said, pointing to the complexity of the cases and the industry's strong legal defenses."
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