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Summary of Rule 17g-5 CRA Requirements

2/15/2011  ·  by Steptoe & Johnson  ·  17G-5 (Issuance of Unsolicited Ratings)  ·  Research and Background Documents

This memorandum describes disclosure obligations imposed by the SEC in connection with its framework to facilitate credit rating by “non-hired” Nationally Recognized Statistical Rating Organizations (“NRSROs”), and would amend rule 17g-5

Tags: 17g-5  ·   credit rating  ·   agency  ·   disclosure  ·   cmbs  ·   issuance  ·   non-hired rating agency  ·