Defendant Name:
S&P Global Ratings
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
S&P Global Inc.
SIC Code:
6282
CUSIP:
78409V10
Document Reference:
34-100907
Document Details
Legal Case Name
In the Matter of S&P Global Ratings
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 S&P Global Ratings, stating: "These proceedings arise out of widespread and longstanding failures by S&P
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:
