Comments on Role of Credit Rating Agencies in Structured Finance Markets
Published on:
April 25, 2008
SIFMA and the European Securitisation Forum (ESF) provide comments to the International Organization of Securities Commissions (IOSCO) on the role of credit rating agencies in structured finance markets. In March 2008, the IOSCO Technical Committee issued a consultation report on the topic. SIFMA and ESF generally approve of IOSCO’s recommendations, but propose minor revisions on some details of the proposal.