Agencies Propose Alternatives to Agency Ratings in Risk-Based Capital Rules

Comments Due:  10/25/10

The Agencies have requested comment on a proposal to modify references within the risk-based capital rules to statistical rating organizations (i.e., national issuers of stock and bond and insurance ratings, like Moody's and Standard & Poor's) and replace those references with other standards of creditworthiness.

These changes are mandated by the Dodd-Frank Act.

http://edocket.access.gpo.gov/2010/pdf/2010-21051.pdf