S&P Could Announce SEC Settlement Tomorrow, DoJ Settlement Later in Quarter – ValueWalk Premium

S&P Could Announce SEC Settlement Tomorrow, DoJ Settlement Later in Quarter

Credit ratings agency Standard & Poors (S&P), who famously downgraded the credit rating of the U.S. government in the summer of 2011, will not be rating bonds in one of its most profitable markets in 2015.

The firm has been suspended from rating activity in commercial mortgage bonds for one year as part of a $60 million settlement with the U.S. Securities and Exchange Commission, Bloomberg . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0