The Kroll Bond Rating Agency (KBRA) has settled with the SEC over allegations that the ratings company had problems with the internal controls governing the rating of commercial mortgage-backed securities (CMBS), and of collateralized loan obligation combination notes (CLO Combo Notes). KBRA has agreed to pay more than $2 million to settle the charges. “KBRA… Read More >>
DTCC Shuffles Managers for Key Businesses
DTCC Appoints Matthew Stauffer, Others to New Posts Officials at the Depository Trust & Clearing Corp. (DTCC) report that they have shaken up the management for key businesses, including the appointment of Matthew Stauffer as managing director and head of institutional trade processing, effective June 30, 2017. In other major organizational moves, the post-trade market… Read More >>
