In the wake of the 2007 financial crisis, the rating agencies came under increased scrutiny and faced dozens of legal actions from both investors and the SEC for their ratings of various complex securities.
During the ongoing COVID-19 pandemic, investors who have incurred losses in complex securities, and especially those tied to the commercial sector, are likely to be intrigued by SEC's recent action against Morningstar over adjustments in its CMBS ratings.
Vega Economics was retained to analyze rating methodologies and various other complex securities issues through the lens of the rating agencies. Vega has produced a brochure highlighting how we can assist on cases involving rating issues.
For more information, please contact us at info@vegaeconomics.com.
In the Spotlight: Complex Securities Through the Lens of Ratings Agencies