Fitch Ratings said today that its policy on unsolicited ratings will be initiated only if there is strong investor interest and if it has a materially different credit opinion on a transaction compared to the mandated agencies.

The rating agency received numerous questions from market participants seeking clarification of the agency's policy on initiated ratings and unsolicited comments since publishing its June 3 press release on the U.K. CMBS deal DECO 2011-CSPK, which Fitch was not asked to rate.  

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