Obligation to rectify auditor-reported deficiencies requires credit rating agencies to correct rating-related deficiencies within prescribed period. Every credit rating agency must rectify deficiencies identified in the auditor's report insofar as they relate to the activity of rating securities, taking corrective steps within the period specified after the auditor's report.
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.
Obligation to rectify auditor-reported deficiencies requires credit rating agencies to correct rating-related deficiencies within prescribed period.
Every credit rating agency must rectify deficiencies identified in the auditor's report insofar as they relate to the activity of rating securities, taking corrective steps within the period specified after the auditor's report.
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