Hirsch, Christian (contributor); … - 2007
complexity of financial products and,
generally, an increasing usage of ratings in financial regulation and contracting (Frost … and regulation has also been recognized. In a recent study, Boot,
Milbourn, and Schmeits (2006) have additionally pointed … the introduction of
the Regulation Fair Disclosure on October 23, 2000, by the SEC. This regulatory change
prohibits U …