Standard & Poor's has been moved away from the lucrative rating "trough

ForTrader.org 21/01: Standard & Poor's International Rating Agency by decision of the U.S. Securities and Exchange Commission (SEC) for a year suspended from the assessment of bonds, which are secured by loans for commercial real estate. The area of valuation of these bonds is one of the most profitable for the rating agencies - the agency receives about $2 million on assigning a rating.

According to Bloomberg, the official announcement of the decision SEC to be held today. In addition, S&P will have to pay $60 million to settle the claims. This decision is currently the toughest ever applied to the world's top three credit rating agencies. The SEC had previously barred Egan-Jones from rating individual securities for a year and a half because the agency downgraded U.S. bonds, showing its independence. It is believed that Egan-Jones agency was simply eliminated from the rating market for political reasons.

Standard & Poor's is suspected by the SEC of manipulating rating requirements. It is assumed that in 2011 S&P experts deliberately withdrew credit ratings of bonds, which were placed by Citigroup and Goldman Sachs banks. At the same time the ratings were withdrawn after the investors had been found. The reason for such a decision in S & P called a possible conflict of interest.