Credit rating agencies, and in particular, nationally recognized statistical rating organizations (“NRSRO”), have been thought by many to be at the center of much of what went on with the market crisis, particularly in the area of structured products. The …

DODD – FRANK: CREDIT RATING AGENCIES, PART I Read More »

Settling enforcement actions is becoming more difficult. The SEC and the Department of Justice both had courts refuse to approve settlements this week. SEC enforcement did resolve its first ever fraud action against a state, an insider trading case, a …

THIS WEEK IN SECURITIES LITIGATION (August 20, 2010) Read More »