The Securities Industry and Financial Markets Association (SIFMA) credit rating agency task force issued its recommendations for credit rating agency reform today. 

The recommendations are being shared with regulators, lawmakers, and credit rating agencies globally. They reflect the efforts of the senior-level investor-led industry group, and respond directly to the designation by the U.S. President's working group on financial markets (PWG) of the blue ribbon task force as the private-sector group providing the PWG with industry guidance on credit rating matters.

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