S & P Was Investigated By The US SEC &Nbsp; The US Government Was Accused Of "Retaliatory" Counterattack.

Recently, a piece of paper has lowered the sovereignty of the United States. credit The rating report made the standard Pool Co hit back by the "retaliation" of the government regulators.

According to foreign reports, the securities and Exchange Commission is currently investigating the reduction of US sovereign credit rating by the S & P rating agencies. The agency has asked the S & P to disclose the staff list of the decision before it formally announced the downgrading of the US last week. It is also reported that the SEC has also considered the introduction of new regulatory rules requiring the rating agencies to announce their "serious mistakes" in the rating process.

S & P wants to rebuild its image reputation

It started at the beginning of this month. In August 6th, Beijing Standard & Poor's, one of the three largest rating agencies, cancelled its AAA rating of the US debt for the first time, and reduced the US sovereign debt rating to AA+. As soon as the information was released, the US Treasury counterattacked that there was a calculation error in the S & P rating, which was firmly denied by S & P. There are also calls for US regulators to investigate the S & P rating may involve insider trading. In response to these allegations and suspicions, a spokesman for the S & P said it had relevant measures and procedures that met regulatory requirements. Up to now, the SEC has not discovered any insider's information leakage or abnormal transactions.

The world's three largest rating agencies, including the S & P, have always upheld the interests of the United States. Why is it so abnormal this time? The industry believes that the S & P move is to maintain its own professional ethics and have to stand on the opposite side of the United States.

"S & P's downgrading of us credit rating is not groundless. It is based on sufficient facts." Xu Hongcai, Vice Minister of Information Department of China International Economic Exchange Center, told our reporter that "the US credit rating should have been lowered. Previously, the S & P has warned that the US government will lower its credit rating if it fails to reduce its deficit by 4 trillion US dollars in the next 10 years. Now the US government has only reduced 2 trillion dollars, so the S & P has to fulfill its promise.

Xu Hongcai said another reason is that the S & P also needs to maintain its independent, objective and impartial rating agency image. He said that in 2007, the sub prime mortgage crisis took place. In the course of the formation of the securities derivatives bubble, the three rating agencies helped the United States to whitewash the peace, and then the bubble burst, and the three institutions were condemned worldwide. S & P needs to repair defects, reshape its image and restore its reputation. This is also its internal demand.

Moved the cheese of the US government.

The United States lost its AAA rating for the first time, meaning many. interest Damaged. Analysts pointed out that after that, the United States no longer enjoyed the best credit rating. For the US government, enterprises and individual consumers, the financial burden would be heavier, and the US government would pay more interest expenses every year. The downgrade also has a major blow to the capital market, which is not good news for the US economy, which was originally weak.

"Moving the cheese of the US government has damaged the image of the United States and the US dollar and violated its fundamental interests. Of course, the United States is angry and angry, so we need to investigate." Xu Hongcai told reporters.

Netizens commented: "the United States has begun to use the power of the government to settle accounts with the S & P, and the troublemakers will be tidied up immediately." "This is democracy in the United States, so long as it is not in the interests of the United States, it will kill you!"

Who will win the contest between the US government and the S & P? Liu Hongge, a senior strategist at Jiayin international, told the reporter: "I think the United States is still a relatively sound legal system. The influence of the S & P in the global market makes the US government more prudent in dealing with this issue. If the SFC fails to find strong evidence to prove that insider trading exists in S & P, it may be difficult to intervene and punish it in real terms. Conversely, the US government will lose credibility in the face of global investors if it fails to impose sanctions on the S & P in the absence of evidence.

Reciprocal scar exposing interest motive

Objective and fair world leaders Grade The agency was accused of calculating errors and suspected insider trading. The United States, which was proud of its freedom and democracy, was immediately downgraded and waged at the top of the survey. The two sides ignore each other's own image and expose the world's people. From the perspective of the world people, we can see that the government and institutions of the United States, no matter how gorgeous and fair and democratic, can hide their selfish tails from their own interests. In addition to exposing the problems of the US government, the industry further pointed out that the three major rating agencies, including S & P, are also in urgent need of market monopoly.

Liu Hongge said that the S & P was "guilty" and that the international financial market was in turmoil, prompting people to reconsider the influence of the rating agencies and whether they used the influence fairly.

"The international credit rating system should be reformed." Xu Hongcai appealed to the three organizations to call on the world rating market. The responsibility and mission of the rating agencies is to help investors understand the truth, but after revealing the truth, the market is also destroyed. We should break the monopoly and establish a pluralistic mechanism, so that the emerging economies will also make a sound, releasing the risk partly by the voice of various ratings, giving the market participants a choice and buffer zone, and also giving the government rulers the right time to correct them.

Xu Hongcai also pointed out that we should strengthen supervision over the three major credit rating agencies and enhance their transparency. Now the three big rating agencies are black box operations, and their rating methods and analysis systems are not known to the outside world. This is dangerous. If they do nothing, they will confuse the whole world.