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Divided SEC approves Dodd-Frank rules for credit rating agencies
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Investor Protections
Wednesday, September 3, 2014
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The Securities and Exchange Commission narrowly approved long expected rules for credit rating agencies. The rules, approved by a 3-2 vote of the five-member panel Aug. 27, implement 14 rulemaking requirements under the Dodd-Frank Act. Read on to learn about the rules and why one commissioner could not support them.
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