The McGraw-Hill Cos. today filed a Form 8-K with the Securities and Exchange Commission (SEC) that acknowledged that on Sept. 22, it received a "Wells Notice" from the Commission Staff.

The notice stated that the Staff is considering recommending that the Commission institute a civil injunctive action against McGraw-Hill unit Standard & Poor's.  The action would be alleging violations of federal securities laws with respect to the firm's ratings for a 2007 CDO offering  called Delphinus CDO 2007-1.

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