Defendant Name:
DBRS, Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
34-92952-s
Document Details
Legal Case Name
In the Matter of DBRS, Inc.
Document Name
SEC Charges Ratings Agency with Failures in Connection with Ratings of CLO Combo Notes
Document Date
13-Sep-2021
Document Format
Administrative Proceeding
Allegation Type
Other
Document Summary
The SEC stated that: " credit ratings agency
DBRS, Inc., which is registered with the Commission as a nationally recognized statistical rating organization
(NRSRO) and currently operates under the trade name DBRS Morningstar, has agreed to pay $1 million to settle
charges relating to the rating of collateralized loan obligation combination notes (CLO Combo Notes)."
Disgorgement & Penalty Information
Resolutions
Other Compliance Related Undertaking
Monetary Penalties:
Civil Penalty
Individual:
$1,000,000.00
Shared: