Securities
Aug. 24, 2010
Use of Credit Ratings Information After Passage of Dodd-Frank
The new financial reform law changes how issuer credit ratings information is disclosed in debt securities public offering statements, by Louis Lehot, John Tishler and Camille Formosa of Sheppard Mullin.
The practice of marketing registered public offerings of debt securities with credit ratings information and related disclosure of issuer credit ratings in Securities and Exchange Commission filings will change with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
One of Dodd-Frank's many reforms was aimed at credit rating agencies. Effective immediat...
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