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US Regulator Denies Egan-Jones Bid to Expand Ratings Business

Bloomberg Markets Wednesday 12 August 2026, 21:13 UTC By Nicola M White and Silas Brown 1 min read
Key Points

US Regulator Denies Egan-Jones Bid to Expand Ratings Business The Securities and Exchange Commission rejected credit rating firm Egan-Jones Ratings Co.’s application to re-enter the market for grading government debt and asset-backed securities, the latest sign of regulatory pushback against the small but prolific agency. Egan-Jones’ application contained material inaccuracies, the filing said, including certifications that were “years out of date” from what the SEC called qualified...

US Regulator Denies Egan-Jones Bid to Expand Ratings Business The Securities and Exchange Commission rejected credit rating firm Egan-Jones Ratings Co.’s application to re-enter the market for grading government debt and asset-backed securities, the latest sign of regulatory pushback against the small but prolific agency. Egan-Jones’ application contained material inaccuracies, the filing said, including certifications that were “years out of date” from what the SEC called qualified institutional buyers. The US regulator said it has to reject petitions if a firm doesn’t have adequate resources to consistently produce credit ratings with integrity and to comply with specified statutory standards.
US (LOCATION) Egan-Jones Bid (ORG) Expand Ratings Business US Regulator Denies (ORG) Expand Ratings Business The Securities and Exchange Commission (ORG) Egan-Jones Ratings Co.’s (ORG) Egan-Jones’ (ORG) SEC (ORG)
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