Defendant Name: Moody's Investors Service, Inc.

Defendant Type: Subsidiary of Public Company

Document Reference: 2010-159

Document Details

Legal Case Name Report of Investigation: Moody's Investors Service, Inc.
Document Name SEC Issues Report Cautioning Credit Rating Agencies
Document Date 31-Aug-2010
Document Format Administrative Proceeding
File Number
Allegation Type Other
Document Summary On August 31, 2010, the SEC announced that it "issued a report cautioning credit rating agencies about deceptive ratings conduct and the importance of sufficient internal controls over the policies, procedures, and methodologies the firms use to determine credit ratings."

Disgorgement & Penalty Information

Resolutions
Report of Investigation

Related Documents:

34-62802 31-Aug-2010 Administrative Proceeding
Report of Investigation Pursuant to Section 21(a) of the Securities Act of 1934: Moody's Investors Service, Inc.
According to the SEC: "The Division of Enforcement has investigated whether Moody's Investors Service, Inc. ('MIS'), the credit rating business segment of Moody's Corporation ('Moody's'), violated the nationally recognized statistical rating organization ('NRSRO') registration provisions or the antifraud provisions of the federal securities laws.... This Report cautions NRSROs that deceptive conduct in connection with the issuance of credit ratings may violate the antifraud provisions of the federal securities laws."