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US Regulator Denies Egan-Jones Bid to Expand Ratings Business

The Securities and Exchange Commission rejected credit rating firm Egan-Jones Ratings Co.’s application to re-enter the market for grading government debt and asset-backed securities, the latest sign of regulatory pushback against the small but prolific agency.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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