SEC Adopts Amendments to Remove References to Credit Ratings from Regulation M | Insights gtlaw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gtlaw.com Daily Mail and Mail on Sunday newspapers.
The Securities and Exchange Commission adopted rule changes to remove references to credit ratings from existing exceptions under Regulation M. The SEC adopted a record preservation requirement for broker-dealers utilizing the new exceptions for nonconvertible securities.