Subject: S7-11-22: WebForm Comments from Andrew Oshea
From: Andrew Oshea
Affiliation:

May. 19, 2022

 


 May 19, 2022

 Please remove references to credit agencies.
This process is antiquated and no longer provides useful information to market participants.
Furthermore, in recent years it is becoming clear the ratings are used as a tool to bias the market against some companies for political purposes.
This increases risk for retail investors who view the information as impartial, when it is all but that.