• Why Investor Relations?

    For more than 40 years, the CFA Institute has advocated for efficient capital markets that are ethical, transparent, and provide investor protections. One of the Institute’s guiding principles states: “Investors need complete, accurate, timely and transparent information from securities issuers.”

  • Why InsuranceIR?

    Insurance companies face unique challenges when communicating with investors and InsuranceIR is uniquely suited to help with industry-specific support.

    The primary purpose of this blog is to offer specific ideas on how insurance companies can achieve that objective.

    The supporting pages offer information on InsuranceIR's capabilities and how firm principal Heather J. Wietzel can help your company improve your investor communications.

  • Pages

  • Copyright 2012

Newsflash: SEC Removes Exemption for Credit Rating Agencies from Regulation FD

Earlier today, the SEC issued the final rule removing the Reg FD exemption for “nationally recognized statistical rating organizations and credit rating agencies for the purpose of determining or monitoring credit ratings.” The commission did not ask for comments before issuing a final rule because the change was required by Regulation FD Dodd-Frank.

The full text is available on the SEC’s website at Implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The rule does not make any specific comments on financial strength ratings vs. credit ratings, which means insurance companies should be prepared to function under this rule in the short term, even if the commission makes some clarification in the future.  I discussed some of the potential ramifications in an earlier post.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: