SEC Announces Panelists for Credit Ratings Roundtable
FOR IMMEDIATE RELEASE
Washington, D.C., May 7, 2013—
The Securities and Exchange Commission today announced the panelists for its Credit Ratings Roundtable, which will be held on May 14.
As previously announced, the roundtable will consist of three panels. The first panel will discuss the potential creation of a credit rating assignment system for asset-backed securities. The second panel will discuss the effectiveness of the SEC’s current system to encourage unsolicited ratings of asset-backed securities. The third panel will discuss other alternatives to the current issuer-pay business model in which the issuer selects and pays the firm it wants to provide credit ratings for its securities.
The event will be held in the auditorium at the SEC’s Washington, D.C., headquarters at 100 F Street, N.E., beginning at 9 a.m. and ending at approximately 4:30 p.m. The public is invited to attend, with seating available on a first-come, first-served basis. The event will be webcast live on the SEC’s website and archived for later viewing.
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Agenda and Panelists
|9:00 a.m.||Opening Remarks|
|10:00 a.m.||Panel 1: Credit Rating Assignment System
|1:30 p.m.||Panel 2: Rule 17g-5 Program (Unsolicited Ratings)
|2:45 p.m.||Panel 3: Alternative Compensation Models
|4:15 p.m.||Closing Remarks|
|4:30 p.m.||Roundtable concludes|