Do the Rating Agencies which Give Ratings Stand or Is it Only their Opinion

MVSK

Can we the Rating Agencies like Moody's or S&P or CARE etc can be held Liable if the ratings prove wrong,like what happened in US Before the Subprime Crisis

Nov 28 2013 08:29 PM

2 Answer(s)

Vijaya

no they are not liable for wrong ratings

one good example is thw S& P gave bad rating on india markets in 2008. where as the market performed very well in 2009. no one has bothered on rating

Nov 29 2013 11:11 AM

Binny

Rating agencies can be held liable only if they have purposefully mislead investors through fraud.

If the ratings have gone wrong due to unanticipated events then they cant be held liable.

Dec 04 2013 08:39 PM

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