SEC Announces Agenda for Credit Ratings Roundtable on Asset-Backed Securities

The SEC announced the agenda for its Credit Ratings Roundtable, which will be held at the SEC's headquarters in Washington, D.C., on May 14. The roundtable, which was previously announced, will consist of three panels, with panelists to be named later.

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 which it wants to provide credit ratings for its securities.

Click here to view agenda in full and learn more (links externally to SEC website).