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Credit rating firm Moody’s Investors Service has put forward a request for comment regarding changes to how it rates financial products.
Possible changes Moody’s is considering include moving to a new, more detailed rating system of 1-21, adding suffixes that contain further information and providing additional information to ratings by way of commentary and research.
The firm is particularly keen to differentiate between structured finance products and non-structured finance products to improve investor awareness of the differences in meaning and behavioral attributes between the two categories of securities.
Moody's said it hopes such market-level reforms will contribute to improving market transparency and stability.
Published: 06-02-08
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