News Source: Daily Breeze
| 27 days ago
A House committee on Wednesday voted to set new rules for investment rating agencies, which lawmakers say misled investors by giving high marks to risky securities tied to subprime mortgages. The proposal, approved by a 49-14 vote, is the House...
News Source: Fox News
| 27 days ago
A key committee on Wednesday morning approved legislation that would impose new regulations on credit rating agencies, which have been taken to task over unrealistically rosy ratings on sub-prime-mortgage securities and other toxic assets. The Houses...
News Source: Star Tribune
| 27 days ago
The House Financial Services Committee has voted to set new rules for credit rating agencies, which lawmakers say misled investors by giving high marks to risky securities tied to subprime mortgages. The proposal was approved by a 49-14 Wednesday...