We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Lawmakers Ponder Credit Rating Agency Regulation

Law360 (February 1, 2006, 12:00 AM EST) -- U.S. lawmakers are considering proposals to regulate the credit rating agencies that played a role in the downfall of companies such as Enron and WorldCom.

The U.S. Senate Committee on Banking, Housing and Urban Affairs will hold a hearing in March on the subject of credit rating agency regulation, according to statement by committee Chairman Richard Shelby.

The hearing will come a little more than a year after the committee initially broached the topic in a congressional hearing.

“We had a hearing last February looking at...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.