Defendant Name: Moody's Investors Service, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Moody's Corporation
SIC Code: 7299
CUSIP: 61536910

Document Reference: 34-62802

Document Details

Legal Case Name Report of Investigation: Moody's Investors Service, Inc.
Document Name Report of Investigation Pursuant to Section 21(a) of the Securities Act of 1934: Moody's Investors Service, Inc.
Document Date 31-Aug-2010
Document Format Administrative Proceeding
File Number
Allegation Type Other
Document Summary 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."

Disgorgement & Penalty Information

Resolutions
Report of Investigation

Related Documents:

2010-159 31-Aug-2010 Press Release--Administrative Proceeding
SEC Issues Report Cautioning Credit Rating Agencies
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."