The SEC says Kroll failed to comply with rules for determining the ratings of commercial mortgage-backed securities and CLO Combo Notes.
The $3.5 million settlement is a rare enforcement action against a ratings agency over conflicts.
The two companies share a vision for a credit ratings industry based on “independence, transparency, and responsiveness.”
Despite weighty challenges, positive financial signals abound for the high-profile firm, and its still relatively new management team wins strong plaudits.
With massive amounts of investment rolling in, index funds are increasingly driving corporate decision-making.
Federal Reserve Board, Morningstar, Metromile, Rackspace, Christopher & Banks, Superior Industries, Ability Network, Agilysys, CV, Veritas Technologies
The cell phone company said it was buying back shares and is still confident about second-half growth.
Halliburton, Morningstar, Pandora, DineEquity, Red Lion Hotels, Integer Holdings, Tractor Supply, Nu Skin Enterprises, RAIT Financial Trust
Morningstar, Ally Financial, ADT, Intcomex, Pulse Electronics, Vivint, Newfield Exploration, Oclaro, Idexx Laboratories
Veteran company executive Amy Hood, known as personable and a natural collaborator, gets the nod after finance chief Peter Klein becomes the latest top manager to quit the software giant.
Criticisms are abundant, but the effort is finding enough supporters to give it a fighting chance.
At Cablevision, Mike Huseby and other executives were under the strong thumb of the company's chairman. Now, at Barnes &spamp; Noble, he merely has to help reinvent the company.
