Kroll Says Big Ratings Agencies Spreading Rumors

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Mark Melin
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Did the three major ratings agencies engage in a whisper campaign against a smaller competitor? Kroll Bond Ratings Agency founder Jules Kroll was reported as “irate” over what he says is a “coordinated effort” by Moody’s, S&P and Fitch to spread rumors of an SEC investigation into a recent divisional acquisition. At the center of the issue is an Securities and Exchange Commission inquiry over the impact a private equity buyout might have on ratings quality amid potential increased profit margin pressure.   Kroll claims competitors spreading rumors of SEC evaluation of acquisition At issue is a recent private equity investment…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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