SEC concedes challenges in credit-rating probes

Started by Reuters, Sep 30, 2011, 05:02 AM

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Reuters

Sep 30, 2011, 05:02 AM
WASHINGTON/NEW YORK (Reuters) - The Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency's enforcement chief said, pointing to the complexity of the cases and the industry's strong legal defenses.

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