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Five Years On, Confidence Still Lacking in Conflicted Ratings System

Wall Street Journal Original article ›

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Failure to implement the Dodd-Frank provision that removes a government requirement of credit ratings on securities

01/02/2009

The foot dragging that has held up this change comes from the Treasury's Office of the Comptroller of the Currency. Treasury Secretary Geithner said in a recent op-ed piece in the Wall Street Journal that he would ask the President to veto any changes to the Dood-Frank legislation. The S.E.C. and other regulators have not made the changes as required by the reform law. A Wall Street Journal editorial on July 23, 2011, points to the failure to make this change by regulatory agencies.

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Rating Firms Steer Clear of an Overhaul

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Five Years On, Confidence Still Lacking in Conflicted Ratings System

Wall Street Journal 09/11/2013

The Stone Unturned: Credit Ratings

New York Times 03/22/2014

Regulators Struggle With Conflicts in Credit Ratings and Audits

New York Times 08/21/2014

S.&P. Settlement Leaves Future Unclear for Ratings

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