Senior Deputy Comptroller Testifies on Use of Credit Ratings

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Senior Deputy Comptroller Testifies on Use of Credit Ratings
by Office of the Comptroller of the Currency
Senior Deputy Comptroller for Bank Supervision Policy and Chief National Bank Examiner David K. Wilson today updated members of the U.S. House of Representatives on the agency's progress implementing parts of the Dodd-Frank Act relating to the use of credit ratings to determine creditworthiness of a security or money market instrument.
http://www.occ.gov/news-issuances/news- ... 11-99.html