For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit
rating action, and whose
ratings may change as a result of this credit
rating action, the associated regulatory disclosures will be those of the guarantor entity.
On September 22, the Senate approved by unanimous consent the Credit
Rating Agency Reform Act of 2006.
The construct validity of performance
ratings has rarely been examined in the literature (Austin & Villanova, 1992; Lance, 1994).
The subfactors, and factors of proposal risk normally mirror those that are involved in the color
rating aspect of the source selection.
S&P's defenders believe critics are trying to turn the
rating agencies into scapegoats for corporate implosions.
Rob Wetzler is an associate director in the health care and higher education group of Fitch IBCA, an international
rating agency based in New York.
This sort of selective broadcasting leads to the regionalization of gay images, says Hilary Rosen, one of two openly gay members of the Television
Ratings Implementation Group.
As a result of community
rating, "job lock" is not an issue in the Rochester area; community
rating allows an individual with a medical condition to change jobs or insurance policies without fear of losing coverage.
The most effective way to increase competition in the credit
rating market would be to eliminate the broken "no action" process the SEC uses to recognize NRSROs, and to replace it with transparent registration requirements.
Rating error in personal auto lines costs the property/casualty industry nearly $14 billion every year.
This category also includes claims (38) on, or guaranteed by, a qualifying securities firm incorporated in the United States or other member of the OECD-based group of countries (39) provided that: the qualifying securities firm has a long-term issuer credit
rating, or a
rating on at least one issue of long-term debt, in one of the three highest investment grade
rating categories from a nationally recognized statistical
rating organization; or the claim is guaranteed by the firm's parent company and the parent company has such a
rating.