Credit rating agency conduct: obligations to maintain independence, disclose methodology and manage conflicts of interest. A comprehensive code requires a credit rating agency to protect investor interests by exercising due diligence, maintaining independence and documented research, adopting consistent rating processes, disclosing rating methodology, identifying and disclosing conflicts of interest, safeguarding privileged information, restricting fee-based services beyond ratings and research, and upholding governance through internal codes, empowered compliance officers, timely disclosure of material regulatory or financial changes, and prohibitions on market manipulation and misuse of unpublished price-sensitive information.
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.
Credit rating agency conduct: obligations to maintain independence, disclose methodology and manage conflicts of interest.
A comprehensive code requires a credit rating agency to protect investor interests by exercising due diligence, maintaining independence and documented research, adopting consistent rating processes, disclosing rating methodology, identifying and disclosing conflicts of interest, safeguarding privileged information, restricting fee-based services beyond ratings and research, and upholding governance through internal codes, empowered compliance officers, timely disclosure of material regulatory or financial changes, and prohibitions on market manipulation and misuse of unpublished price-sensitive information.
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