Which of the following established the Office of Credit Ratings and mandated that credit rating agencies establish internal controls to make their ratings process more transparent?
A)Financial Reform Act of 2010
B)Consumer Protection Act of 2008
C)Federal Ratings Commission Act of 2014
D)None of the above is correct.

Question

Quizplus · Accepted Answer

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established the Office of Credit Ratings at the SEC and mandated that credit rating agencies enhance their ratings process transparency through internal controls.

Which of the Following Established the Office of Credit Ratings