Bar-Or Blog: Decision Making in the Face of Risk

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Tags >> agency

Q&A with KBRA

Posted by: Yuval Bar-Or on Oct 17, 2011

Tagged in: Yuval Bar-Or , rating , NRSRO , KBRA , Jules Kroll , James Nadler , industry , bond , agency

Several months ago I profiled Kroll Bond Rating Agency (KBRA), the new kid on the rating agency block. At the time I concluded that KBRA’s success and its impact on the rating industry remained to be seen and I documented several questions that would likely determine whether KBRA could revolutionize the ratings industry.

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Make a Note: NRSROs Proven Irrelevant

Posted by: Yuval D Bar-Or on Aug 04, 2010

Tagged in: SEC , rating , NRSRO , Dodd-Frank , agency

For some time I’ve been championing the idea that the best way to address the inadequacy of our credit rating industry is by abolishing the NRSRO designation. My argument is that this will end once and for all the artificial dominance of credit rating agencies (CRAs), forcing them to compete for clients, and allowing investors to benefit from credit risk measures generated by organizations that are looking out for investor interests first (that is, no issuer-pays conflicts).

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Do We Need a Consumer Finance Protection Agency?

Posted by: Yuval D Bar-Or on Dec 12, 2009

Tagged in: toxic , risk , protection , finance , consumer , agency

 

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Historic Opportunity to Reform the Credit Rating Industry is Slipping Away

Posted by: Yuval D Bar-Or on Dec 26, 2008

Tagged in: SEC , reform , rating , NRSRO , credit , CRA , agency

 

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