SEC Releases Annual Report on Credit Rating Agencies

The Annual Report on Nationally Recognized Statistical Rating Organizations, as Required by Section 6 of the Credit Rating Agency Reform Act of 2006, is posted on the SEC website.  This report provides an overview of the rules proposed and adopted by the Commission during the year to which this report relates, a summary of the staff findings from the examinations of certain NRSROs, published on July 8, 2008, and addresses each of the items specified in Section 6 of the Rating Agency Act.