Share prices of current NRSROs have already fallen; and so will market shares once the US Senate clears the bill. But to ensure a pristine rating process, SEC must ensure that not only is the company data (that SEC provides to these agencies) of pure quality, but also that the agencies follow benchmark processes, hiring competent people. Otherwise, it won’t be long before one could watch X-rated stuff even outside movie halls; eh!
For complete IIPM article click here
Source:- IIPM Editorial, 2006
Editor:- Prof. Arindam Chaudhuri
For complete IIPM article click here
Source:- IIPM Editorial, 2006
Editor:- Prof. Arindam Chaudhuri
