Latest News
- Disaster and Business Continuity
- Derivatives Operations +
-
Securities Operations
+
- Affirmation, Allocation & Confirmation
- Back Office
- Buy-Side
- Case Studies
- Clearing
- Corporate Actions
- Data Management
- FX Operations
- Hedge Fund Operations
- Industry News
- Mergers & Acquisitions
- Middle-Office
- Operational Risk
- Ops Automation
- Outsourcing
- Private Markets
- Reconciliation & Exceptions
- Risk Management
- Sell-Side
- Settlement
- T+1 Settlement
- Diversity & Human Interest +
- FinTech Trends +
- Opinion +
- Performance Measurement +
- Regulation & Compliance +
- Industry News +
- FTF Media & Content Channels +
- FTF Bull Run Blog
In a first-ever action, the regulator is penalizing S&P and casting further doubt upon ratings agencies.
One of the Big Three ratings agencies, Standard & Poor’s Ratings Services, has reached a $58 million deal with the SEC, settling charges of “fraudulent misconduct in its ratings of certain commercial mortgage-backed securities,” officials say. The settlement of the case is likely to further erode the industry’s trust in the already tarnished ratings agencies,...
Already a subscriber? Login here
