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Fitch | Bank REO Real Estate
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SEC delays action on credit rating agency rules

November 19, 2008 by · Leave a Comment
Filed under: Policy News 

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Not too much of delay but they really need to get these rules in place.  Also I feel that a hard look should be looked at in terms of how the credit rating agencies played a part in this crisis.  If people broke the law, then they should have to answer for their actions.

News:

U.S. securities regulators on Wednesday delayed action on adopting stricter rules to rein in the credit rating agencies until Dec. 3.

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