SEC Fines Rating Agency Lace For Misstatements

By Jessica Dye (September 7, 2010, 1:55 PM EDT) -- The U.S. Securities and Exchange Commission has censured and fined subscription-based credit rating agency Lace Financial Corp. and its founder Barron Putnam for alleged misstatements made in a federal rating agency registration application and conflict-of-interest waiver request....

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