SEC Wants S&P Out of Mortgage Bond Ratings Business – ValueWalk Premium

SEC Wants S&P Out of Mortgage Bond Ratings Business

Standard & Poors (S&P), a company deeply involved in rating mortgage derivatives at the center of the 2008 credit crisis, might be no longer rating mortgage bonds if the U.S. Securities and Exchange Commission (SEC) has its way.
SEC's case against Standard & Poors
The SEC case against S&P, which is described in a Bloomberg report . . .

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