Daily Archives: December 25, 2014

Santa Tracker: Follow Santa on his journey Christmas Eve

Merry Xmas from Justice League. Check the Santa Tracker to see when he will drop by your area.

SEC Says Conflicts Of Interest Persist At Ratings Agencies

Law360, Los Angeles (December 23, 2014, 9:57 PM ET) — The largest credit ratings agencies are still showing signs of conflicts of interest between the process of rating financial products and the financial success of their own businesses, according to a report issued by the U.S. Securities and Exchange Commission on Tuesday.

All three large ratings agencies and one smaller agency had “weaknesses” related to their allowing employees with market-share and revenue information to participate in the ratings process and to develop the agencies’ criteria for those ratings, according to the report. The large agencies are…

Source: Law360