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ASIC rules too much for Standard and Poors
Lateline Business - 19/11/2009: ASIC rules too much for Standard and Poors
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Rules imposed last week on the ratings agencies by the corporate regulator have proved too much for Standard and Poor's. S and P says the laws that apply to all other financial services players are too onerous for the agency and it will no longer rate retail products in this country.
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Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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