SEC Charges Egan-Jones Ratings Co. and CEO with Conflict of Interest Violations

Posted on 06/21/2022

The Securities and Exchange Commission (SEC) charged Haverford, PA-based Egan-Jones Ratings Company, a nationally recognized statistical rating organization (NRSRO) registered with the Commission in certain ratings classes, with violating conflict of interest provisions. The SEC also charged the company’s founder and chief executive officer, Sean Egan (age 64), with causing certain of those violations. The…

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