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.
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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