Defendant Name:
Moody's Investors Service, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Moody's Corporation
SIC Code:
7323
CUSIP:
61536910
Document Reference:
34-100906
Document Details
Legal Case Name
In the Matter of Moody's Investors Service, Inc.
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15E(d) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
03-Sep-2024
Document Format
Administrative Proceeding
Allegation Type
Other
Document Summary
On September 3, 2024, the SEC instituted settled administrative and cease-and-desist proceedings against Moody’s Investors Service, Inc., stating: "These proceedings arise out of widespread and longstanding failures by Moody’s Ratings, an NRSRO, to adhere to certain NRSRO recordkeeping requirements."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Compliance Related Independent Consultant
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$20,000,000.00
Shared:
