Question
Under the Dodd-Frank Financial Reform legislation, credit ratingagencies:(A) cannot be sued for poor ratings, but they can be delisted asofficially recognized Nationally Recognized Statistical RatingsOrganizations
Under the Dodd-Frank Financial Reform legislation, credit ratingagencies:(A) cannot be sued for poor ratings, but they can be delisted asofficially recognized Nationally Recognized Statistical RatingsOrganizations (NSRSOs).(B) can be sued for poor ratings, but they cannot be delisted asofficially recognized Nationally Recognized Statistical RatingsOrganizations (NSRSOs) unless fraud is detected.(C) do not have to report the details of how their credit ratings aredetermined, but they can be sued for a history of poor ratings.(D) Must report the details of how their credit ratings are deter-mined, and they can be delisted as NSRSOs for poor credit ratinghistories.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started