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What Kind Of Responsibility Or Accountability Will Attach To A Rating Agency If An Investor, Who Makes His Investment Decision On The Basis Of Its Rating, Incurs A Loss On The Investment?

Answer»

A credit rating is a professional opinion given after studying all AVAILABLE information at a particular point of TIME. Nevertheless, such opinions MAY prove wrong in the context of subsequent event s. There is no contract between an investor and a rating AGENCY and the investor is free to accept or reject the opinion of the agency.

A credit rating is a professional opinion given after studying all available information at a particular point of time. Nevertheless, such opinions may prove wrong in the context of subsequent event s. There is no contract between an investor and a rating agency and the investor is free to accept or reject the opinion of the agency.



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