{"id":231,"date":"2007-09-24T01:35:30","date_gmt":"2007-09-24T01:35:30","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/09\/sec_investigates_credit_rating"},"modified":"2021-11-12T13:08:03","modified_gmt":"2021-11-12T19:08:03","slug":"sec-investigates-credit-rating","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-investigates-credit-rating\/","title":{"rendered":"SEC Investigates Credit Rating Agencies\u2019 Policies Regarding Debt-Related Securities"},"content":{"rendered":"<p>\t\t\t\tThe SEC and NY Attorney General Andrew Cuomo are conducting a probe of credit rating agencies to examine their policies regarding debt-related securities. <\/p>\n<p>Standard &amp; Poor&#8217;s (S &amp; P), Fitch Ratings Inc., and Moody&#8217;s Investors Service have all been contacted by the SEC and questioned about their procedures and policies on rating collateral debt obligations (CDOs) and residential mortgage-backed securities (RMBS).<\/p>\n<p>On September 5, before the House Financial Services Committee, SEC Market Regulation Director Erik R. Sirri announced that the probe was taking place. He also said that the commission was examining the advisory services that agencies might have provided to mortgage originators and underwriters, as well as rating performance, disclosures, and what the designated ratings signify. <\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/sec-investigates-credit-rating\/\"  title=\"Continue Reading SEC Investigates Credit Rating Agencies\u2019 Policies Regarding Debt-Related Securities\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The SEC and NY Attorney General Andrew Cuomo are conducting a probe of credit rating agencies to examine their policies regarding debt-related securities. Standard &amp; Poor&#8217;s (S &amp; P), Fitch Ratings Inc., and Moody&#8217;s Investors Service have all been contacted by the SEC and questioned about their procedures and policies on rating collateral debt obligations [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3845],"tags":[],"class_list":["post-231","post","type-post","status-publish","format-standard","hentry","category-credit-rating-agencies"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC Investigates Credit Rating Agencies\u2019 Policies Regarding Debt-Related Securities &#8212; Investor Lawyers Blog &#8212; September 24, 2007<\/title>\n<meta name=\"description\" content=\"The SEC and NY Attorney General Andrew Cuomo are conducting a probe of credit rating agencies to examine their policies regarding debt-related securities. &#8212; September 24, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/sec-investigates-credit-rating\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Investigates Credit Rating Agencies\u2019 Policies Regarding Debt-Related Securities &#8212; Investor Lawyers Blog &#8212; September 24, 2007\" \/>\n<meta name=\"twitter:description\" content=\"The SEC and NY Attorney General Andrew Cuomo are conducting a probe of credit rating agencies to examine their policies regarding debt-related securities. &#8212; September 24, 2007\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SEC Investigates Credit Rating Agencies\u2019 Policies Regarding Debt-Related Securities &#8212; 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