My Comment Letter on SEC’s Roundtable on Credit Ratings

In my comment letter to the SEC, I advocated the urgent need for competitions on new financial information instead of higher ratings or lower fees, which is the only competition that the current credit rating agency business model is offering.  This essentially entails the introduction of alternative rating methodology that introduces new dimensions of financial insights.


About Simon Hu

Simon Hu is an independent economist who recently developed a revolutionary economic theory called going concern economics that would resolve the current global economic malaise and political chaos.
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