The Changing Landscape For Credit Ratings

Law360, New York (October 18, 2010, 2:07 PM ET) -- The passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act on July 21, 2010 will have far-reaching ramifications for U.S. financial markets. Market participants who provide credit ratings, and those who rely on credit ratings, will experience significant change resulting from the legislation.

As with many other parts of the Dodd-Frank Act, full implementation will depend on the outcome of a plethora of special studies reports still to be written and rules yet to be established. For example, mandated studies will address possible alternative...
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