Credit Rating

SEC seeking ways to prevent ‘shopping’ for favorable credit ratings

Tuesday 14 July 2009 22:14 | Managing Editor | 274 comments

The SEC is looking into ways to prevent companies or banks from shopping around for a favorable rating before issuing a new security.

Approaches to Improving Credit Rating Agency Regulation

Tuesday 19 May 2009 | Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises | 28 comments

The rating agencies must face tougher disclosure and transparency requirements. The financial crisis has illustrated the danger flawed methodologies pose to the system. Congress proposed establishing an office dedicated to the regulation of rating agencies within the Securities and Exchange Commission, oversight aimed intently on surveillance of outstanding ratings.

Bridging the Gap between Rating Reliance and Reliability

Saturday 09 May 2009 | Viktoria Baklanova, Senior Director, Fitch Ratings | 69 comments

Issues about performance are the cornerstone of the ongoing debate about how to improve the reliability of credit ratings. The public-at -large and regulators both are advocating for more accurate credit ratings, expecting them to correctly reflect the risk of a particular issuer or a specific security. But how accurate can credit ratings be, really?