European Commission proposes restrictions for ratings agencies

The European Commission on Wednesday proposed legislation that would subject credit-ratings agencies to a slew of new restrictions, increased regulatory oversight and penalties for bad behaviour.

Ratings agencies were entangled in the US sub-prime meltdown last year and continued to draw criticism as the financial crisis expanded.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump