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Browse: Home / 2011 / September / 26 / SEC May Recommend Legal Action Against S&P

SEC May Recommend Legal Action Against S&P

By Securities Docket on September 26, 2011, 1:09 pm

The staff of the Securities and Exchange Commission is considering recommending civil legal action against the Standard & Poor’s debt ratings agency over its rating of a 2007 collateralized debt offering…. McGraw-Hill Cos., which owns S&P, said Monday that it received a Wells Notice from the SEC’s staff on Thursday.

Read more: SEC May Recommend Legal Action Against S&P — AP

Posted in SEC, Top | Tagged Wells Notice

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