Political Quotes

Jack Reed: “I think it is important, because we specifically point out that their ratings would not be considered a forward-looking…”

On the recordAugust 4, 2009
I think it is important, because we specifically point out that their ratings would not be considered a forward-looking statement for purposes of Section 21(e) of the Securities Act.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed emphasizes the legal protection for ratings against liability for future projections.

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