Skip to Primary Navigation

Skip to main content

SEC charges six credit rating firms for e-comms recordkeeping failures

Image of a mobile phone showing various apps.
Photo: Matt Cardy/Getty Images

Julie DiMauro

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

Four of the six firms ordered to retain compliance consultants; two exempted due to extensive cooperative and remedial efforts.

The SEC has announced charges against six nationally recognized statistical rating organizations, or NRSROs, for what the agency alleges are failures by the firms and their personnel to maintain and preserve electronic communications.

The firms admitted the facts set out in their respective orders and agreed to pay combined civil

, , , , , , ,

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience