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Given the spotty performance of the bond-rating agencies in sounding the alarm of impending failure among many large borrowers, what action was taken in 2011
Given the spotty performance of the bond-rating agencies in sounding the alarm of impending failure among many large borrowers, what action was taken in 2011 to ensure bette performance? a. The Dodd-Frank Act of 2011 created an office within the SEC to oversee the bond-rating agencles. b. The Dodd-Frank Act of 2011 gave enforcement power regarding rating agencies to a new agency within the SEC. c. The Dodd-Frank Act of 2011 gave enforcement power regarding rating agencies to the Fed. d. The Dodd-Frank Act of 2011 created an office within the Treasury to oversee the bond-rating agencies
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