Finance & markets · 29/11/2011Updated: 10/17/2026 · 1 min read
OCC Proposes Alternatives to External Credit Ratings in Regulations
Summary
The Office of the Comptroller of the Currency (OCC) is seeking public comment on a proposed rule revision to replace references to external credit ratings with alternative standards in its regulations governing investment securities, securities offerings, and foreign bank capital equivalency deposits, as mandated by the Dodd-Frank Act.