Ex-SEC's Campos on Regulation of Credit Ratings
May 14 (Bloomberg) -- Roel Campos, a partner at Locke Lord Bissell & Liddell LLP and a former commissioner at the U.S. Securities and Exchange Commission, talks about regulation of the credit-ratings industry and U.S. Senator Al Franken's plan to create an SEC board to select which firms grade asset-backed bonds, rather than leaving it to the banks that pay the raters.
He speaks with Erik Schatzker and Trish Regan on Bloomberg Television's "Market Makers." (Source: Bloomberg)