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Reining In The Rating Agencies

The SEC staff is hard at work developing a proposal for government oversight

By Staff Writer | Updated on June 01, 2004

Edited By Susan Kelly

It’s been nearly 18 months since U.S. securities regulators began considering whether credit rating agencies needed better oversight and if so, how to put such changes into place. A long silence followed congressional hearings on the matter last summer, as a spate of more pressing market and regulatory matters took precedence.

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