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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

SEC Whacks Credit Rater

The SEC on Friday fined credit-rating agency Morningstar Credit Ratings $3.5 million for violating a conflict of interest rule designed to separate credit ratings and analysis from sales and marketing efforts.

WASHINGTON — The SEC fined Morningstar Credit Ratings $3.5 million on Friday for violating a conflict-of-interest rule designed to separate credit ratings and analysis from sales and marketing efforts.

Categories / Business, Securities

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