Securities Law Prof Blog

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

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Thursday, September 24, 2009

House Oversight Hearing on Credit Rating Agencies Postponed

The Chairman of the House Oversight Committee postponed a scheduled hearing on the credit rating agencies, saying he wanted to give Moody's time to respond to charges by a former employee that the agency continues to inflate ratings.  The Wall St. Journal posted on its website Eric Kolchinsky's memo to the Moody's Chief Compliance Officer.  WSJ, House Panel Postpones Hearing On Credit-Rating Firms.

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