The Securities and Exchange Commission told Moody's Investors Service that it may face a civil suit for misleading regulators in a license application. The regulator says the ratings firm failed to adhere to policies it detailed in its application.
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Fri, 05/07/2010 - 5:01pm
The Securities and Exchange Commission told Moody's Investors Service that it may face a civil suit for misleading regulators in a license application. The regulator says the ratings firm failed to adhere to policies it detailed in its application.