August 29, 2018 BY Valentina Kirilova
Moody’s fined $16.25 million by SEC
The Securities and Exchange Commission (SEC) has announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control failures and failing to clearly define and consistently apply credit rating symbols. This marks the first time…
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