May 15, 2008
Moody's Will Restrict Bond Analysts' Talks with Issuers
Moody's Investors Service said it would revise its code of conduct to limit bond-rating analysts' discussions with issuers to "credit issues." The independence of debt-rating agencies has been doubted, and there are calls for regulatory reform. The SEC is expected to propose new rules for rating agencies shortly. WSJ, Moody's Aims to Buff Image By Revising Policies.
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