SEC Questions Egan-Jones Over Bid to Again Rate Government Debt

Credit rating firm Egan-Jones Rating Co. wants to regain its ability to grade government debt and asset-backed securities after a ban more than a decade ago, but Wall Street’s top...

By Nicola M White, Silas Brown · Bloomberg Markets

Credit rating firm Egan-Jones Rating Co. wants to regain its ability to grade government debt and asset-backed securities after a ban more than a decade ago, but Wall Street’s top regulator isn’t so sure.