Morningstar Fined $3.5 Million for Violating Conflict of Interest Rules on ABS Ratings

HousingWire, May 15, 2020–Ben Lane
The Securities and Exchange Commission announced Friday that it is ordering Morningstar Credit Ratings to pay a $3.5 million fine for violating conflict of interest rules designed to protect against credit ratings malfeasance.
https://www.housingwire.com/articles/morningstar-fined-3-5-million-for-violating-conflict-of-interest-rules-on-abs-ratings/#