Friday, March 6, 2009
The SEC will hold a roundtable on April 15 relating to its oversight of credit rating agencies. Discussion topics will include issues related to recent SEC rulemaking initiatives, such as conflicts of interest, competition, and transparency. Since Congress enacted the Credit Rating Agency Reform Act in fall 2006, the SEC has adopted two major rulemakings and has several pending proposals to further the Act's purpose of promoting accountability, transparency, and competition in the rating industry.
Roundtable participants will include leaders from investor organizations, financial services associations, government agencies, credit rating agencies, and academia. A final agenda including a list of panelists will be announced at a future date.