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Home » Store » News » SEC Proposal May Result in Fewer Investor Lawsuits But There Will Always be a Need for Credit Ratings

SEC Proposal May Result in Fewer Investor Lawsuits But There Will Always be a Need for Credit Ratings

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A proposal by the Securities and Exchange Commission to remove credit ratings references in shelf eligibility criteria may help ease investor fraud lawsuits against credit rating agencies, but litigation risk will still be high because of continued demand for credit ratings in other ABS transactions, according to market experts. Earlier this month, the U.S. District Court...
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