Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, May 27, 2008

SEC Expands Inquiry into Credit Ratings Agencies

The SEC expanded its investigation into credit ratings agencies to look at how the agencies detect and handle errors in their ratings.  Last week it was reported that Moody's failed promptly to correct triple-A ratings that resulted from errors in computer coding.  WSJ, SEC Widens Ratings-Agencies Probe.

http://lawprofessors.typepad.com/securities/2008/05/sec-expands-inq.html

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