S&P Global Ratings Settles Conflict of Interest Violations with SEC

The US Securities and Exchange Commission on Monday charged S&P Global Ratings with conflict-of-interest violations. The SEC said the ratings agency violated conflict of interest rules designed to prevent sales and marketing considerations from influencing credit ratings. In the same press conference, the SEC announced S&P Global had settled for $2.5 million quickly putting the story to bed would be the hope. There was no word on why the SEC has been deathly quiet on the FTX fraud, collapse and … Continue reading “S&P Global Ratings Settles Conflict of Interest Violations with SEC”

Equifax CIO Charged With Insider Trading, Sells Shares Day Before Disclosure

Former Equifax executive Jun Ying, former chief information officer of an Equifax division known as U.S. Information Solutions has been charged by the SEC with insider trading. He is accused of selling more than $950,000 in stock before the data breach was made public.