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S&P: EU rules could undermine ratings

Sep 11, 2008
Story Timeline:  120 days

Rating agency Standard & Poor's Corp. argued Thursday that new EU rules risked undermining the independent advice they offer investors. European Union regulators will next month set out new draft rules that would see supervisors watch rating agencies more closely to make sure their opinions on investments are well-grounded, transparent and not swayed by conflict of interest. The three major U.S. based agencies... [read full story]                    

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Latest article on this story:

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