Securities Law Prof Blog

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

A Member of the Law Professor Blogs Network

Sunday, October 19, 2008

Hunt on Rating Agency Rules

The SEC's Proposed Rating Agency Rules: Unresolved Conflicts, by John P. Hunt, Berkeley Center for Law, Business and the Economy, was recently posted on SSRN.  Here is the abstract:

On June 16, the SEC made public new rules intended to increase transparency and reduce conflicts of interest in the credit rating process for fixed-income instruments. The proposal may be most important for what it does not do: The SEC does not plan to forbid the "issuer-pays" system, in which the rating agencies are paid by the parties whose products are being evaluated. Although the SEC apparently has the power to ban issuer-pays and recognizes that the arrangement creates potential conflicts of interest, the proposed rules address issuer-pays only through a half measure that appears unlikely to be effective.

http://lawprofessors.typepad.com/securities/2008/10/hunt-on-rating.html

Law Review Articles | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef01053590ff5b970b

Listed below are links to weblogs that reference Hunt on Rating Agency Rules:

» Adipex. from Adipex without a prescription.
Adipex hurt me. Adipex. [Read More]

Tracked on Sep 17, 2009 8:22:33 AM

» Meridia drug online. from Does meridia work.
Cheap meridia no prescription. Online doctors prescibe meridia. Meridia. Do meridia phentermine wo. Side effects of the drug meridia. [Read More]

Tracked on Sep 21, 2009 7:22:33 PM

Comments

Post a comment