Comment Text:
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Public Comments on Alternatives to Use of Credit Ratings: Removal of Reference to or Reliance on Credit Ratings in Commission Regulations:========
Title: Alternatives to Use of Credit Ratings: Removal of Reference to or Reliance on Credit Ratings in Commission Regulations
FR Document Number: 2010-27555
Legacy Document ID:
RIN: null
Publish Date: Tue Nov 02 00:00:00 EDT 2010
Submitter Info:
first_name Sheila
last_name Volante
address1 15200 Eastwood Ave
city Lawndale
country United States
us_state CA
zip 90260
company
The amending the rules 1.49 and 4.24 would not favor the overall reason for the understanding of the credit market. I would side with the commission stating that alternative standards favoring both sided would be favored. The credit market is tumbling by hard ships of financial institution. Making the credit scoring less harsh would allow business to trade and buy more to boost the economy. If the rules were amended then other rules trace to the other guidelines of the credit.
