Browsing by Keyword "Capital markets regulation"

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    • Did government regulations lead to inflated credit ratings? 

      Behr, Patrick Gottfried; Kisgen, Darren J.; Taillard, Jérôme P.
      2018
      Securities and Exchange Commission (SEC) regulations in 1975 gave select rating agencies increased market power by increasing both barriers to entry and the reliance on ratings for regulations. We test whether these ...