Disclosure of Rating Rationale: credit rating agencies must publish definitions and rationale and state ratings are not recommendations. Credit rating agencies must publicly disclose the rating definitions and symbols and state that ratings are not recommendations to buy, hold or sell securities; they must also make available to the public a clear rating rationale describing factors supporting a favourable assessment and factors constituting risk.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclosure of Rating Rationale: credit rating agencies must publish definitions and rationale and state ratings are not recommendations.
Credit rating agencies must publicly disclose the rating definitions and symbols and state that ratings are not recommendations to buy, hold or sell securities; they must also make available to the public a clear rating rationale describing factors supporting a favourable assessment and factors constituting risk.
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