Rule 17g-5 pushes more unrated deals

Author: Nicholas Pettifer | Published: 15 Jul 2010
Six weeks after the amended rule 17g-5’s implementation and issuers are starting to shun rated deals

The US Securities and Exchange Commission (SEC) amended to rule on June 2 to force issuers and rating agencies to disclose information that can be used by third parties to rate deals.

But the added time and cost of publishing such information is too burdensome for some issuers and they are considering more...