Posted by:
on Jan 22, 2011
The SEC’s much anticipated recommendation is out: Brokers should be held to the fiduciary standard.
Posted by: Yuval D Bar-Or
on Aug 04, 2010
For some time I’ve been championing the idea that the best way to address the inadequacy of our credit rating industry is by abolishing the NRSRO designation. My argument is that this will end once and for all the artificial dominance of credit rating agencies (CRAs), forcing them to compete for clients, and allowing investors to benefit from credit risk measures generated by organizations that are looking out for investor interests first (that is, no issuer-pays conflicts).
Posted by: Yuval D Bar-Or
on Dec 26, 2008