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Friday, August 19, 2011

Anche la misura dell'affidabilita finanziaria diventa AD PERSONAM - SEC reviewing S&P handling on downgrade

WASHINGTON (Reuters) - Examiners at the U.S. Securities and Exchange Commission are checking to ensure that Standard & Poor's followed all of its policies leading up to its downgrade of long-term U.S. debt, according to people familiar with the matter.
Compliance, Inspections and Examinations is part of its new authority under the Dodd-Frank Wall Street overhaul law.
Among other things, the law gives the SEC the power to continuously monitor credit-rating agencies and conduct annual inspections at each firm.


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