News, analysis and personal reflections on the markets & the financial sector

Saturday, September 6, 2008

Analysis: Rating agencies to overcome regulatory shake-up

New regulations, especially reforms proposed by the Securities and Exchange Commission, will likely shake up Moody's Investors Service, Standard & Poor's and Fitch Ratings, but the agencies will probably continue to be important players on Wall Street. Analysts questioned whether any meaningful reforms will emerge because Christopher Cox, chairman of the SEC, and Charlie McCreevy, EU internal market commissioner, are likely to leave office next year.

more at http://www.reuters.com/article/ousiv/idUSN0151242720080901

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