Standard & Poor’s may face securities fraud charges for ratings given to six commercial mortgage-backed securities issued in 2011, the credit rating company said.
The potential civil lawsuit is the latest legal issue for the credit rating company, which along with its competitors have faced intense regulatory scrutiny following the financial crisis.
S&P, a unit of McGraw Hill, disclosed on Wednesday that it had received a Wells notice from the Securities and Exchange Commission indicating its enforcement division staff intended to recommend that the five member commission authorise civil charges against the company.
您已阅读26%（621字），剩余74%（1787字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。