Should the Commission address concerns about information flow from rating agencies?
S&P Ratings Services’ longstanding policy has been to make its public credit ratings and the bases for such ratings generally available to the investing public without cost. Public credit ratings (99% of S&P Ratings Services’ U.S. ratings) are disseminated via real time posts on S&P Ratings Services’ website and through a wire feed to the news media as well as via subscription services such as Ratings Direct and Credit Wire. Subscribers do not have access to ratings or ratings actions prior to the investing public. S&P Ratings Services places great importance on communication with the public. Following notification to the issuer, all changes to public credit ratings and all Credit Watch and Outlook listings are disseminated promptly through S&P Ratings Services’ website, worldwide press releases and subscription services. S&P Ratings Services frequently publishes its rating rationale and basis for credit rating changes through media releases. All media releases are posted on S&P Rating
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