US Regulator Denies Egan-Jones Bid to Expand Ratings Business
The Securities and Exchange Commission rejected credit rating firm Egan-Jones Ratings Co.’s application to re-enter the market for grading government debt and asset-backed securities, the latest sign of regulatory pushback against the small but prolific agency.

<p>The Securities and Exchange Commission rejected credit rating firm Egan-Jones Ratings Co.’s application to re-enter the market for grading government debt and asset-backed securities, the latest sign of regulatory pushback against the small but prolific agency.</p>