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US Securities and Exchange Commission Proposes to Remove References to Credit Ratings from Certain Securities Act and Exchange Act Rules and Forms
On February 9, 2011, the United States Securities and Exchange Commission (SEC), in Release No. 33-9186; 34-63874, proposed removing references to credit ratings from nationally recognized statistical rating agencies (NRSROs) in certain of its rules and forms under the Securities Act of 1933, as amended (the Securities Act), and the Securities Exchange Act of 1034, as amended (the Exchange Act).
United States
25 Feb 2011
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