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July 23, 2014
17:06 EDTMHFIMcGraw Hill Financial receives Wells Notice from SEC
McGraw Hill Financial announced that on July 22, it received a "Wells Notice" from the SEC stating that the agency’s staff has made a preliminary determination to recommend that the Commission institute an enforcement action against Standard & Poor's Ratings Services, alleging violations of federal securities laws with respect to S&P's ratings of six commercial mortgage backed securities transactions issued in 2011, and public disclosure made by S&P regarding those ratings thereafter. In connection with the contemplated action, the staff may recommend that the SEC seek remedies that include a cease-and-desist order, disgorgement, pre-judgment interest, civil money penalties, and remedial sanctions such as revocation or suspension of S&P's NRSRO registration. McGraw Hill Financial added, "The Wells Notice is neither a formal allegation nor a finding of wrongdoing. It allows S&P the opportunity to provide its perspective and to address the issues raised by the Staff before any decision is made by the Commission on whether to authorize the commencement of an enforcement proceeding. S&P has been cooperating with the Commission in this matter and intends to continue to do so."
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November 17, 2015
08:02 EDTMHFIMcGraw Hill Financial business and EPCO sign agreement
S&P Capital IQ and SNL, a business unit of McGraw Hill Financial together with the Eurosystem Procurement Coordination Office, or EPCO, have signed a four-year agreement for the delivery of Standard & Poor's Ratings Services' credit ratings and research. The agreement allows the central banks of the European System of Central Banks, or ESCB, as members of EPCO to access a wide range of issuer credit data through S&P Capital IQ's RatingsDirect and Xpressfeed tools, as well as through several other market data vendors.

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