The SEC has announced that it is adopting rule amendments pursuant to Regulation M, under which the SEC is required to replace references to credit ratings with alternative standards of creditworthiness. Regulation M of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) is a set of rules designed to protect the pricing integrity of the securities trading markets by prohibiting issuers, distribution participants, selling security holders, and any of their affiliated purchasers from engaging in activities that could artificially influence the market for an offered security. Continue reading "SEC Approves Amendments to Remove References to..." »