US Regulator Denies Egan-Jones Bid to Expand Ratings Business
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The Securities and Exchange Commission rejected credit rating firm Egan-Jones Ratings Co.’s application to re-enter the market for grading government debt and asset-backed securities, the latest sign of regulatory pushback against the small but prolific agency.
The Securities and Exchange Commission rejected credit rating firm Egan-Jones Ratings Co.’s application to re-enter the market for grading government debt and asset-backed securities, the latest sign of regulatory pushback against the small but prolific agency.
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