NAIMMCQ Economics An issuer of corporate bonds includes Moody's current rating for the bonds in its registration statement. The bonds also are rated by S&P. Must the S&P rating be included?

An issuer of corporate bonds includes Moody's current rating for the bonds in its registration statement. The bonds also are rated by S&P. Must the S&P rating be included?

Economics

An issuer of corporate bonds includes Moody's current rating for the bonds in its registration statement. The bonds also are rated by S&P. Must the S&P rating be included?

A) No, because the issuer has discretion over what information to include
B) Only if both ratings are the same
C) Only if the S&P rating is materially different
D) Yes, in all cases

Answer: C

NAIMMCQ

An issuer of corporate bonds includes Moody's current rating for the bonds in its registration statement. The bonds also are rated by S&P. Must the S&P rating be included?

An issuer of corporate bonds includes Moody's current rating for the bonds in its registration statement. The bonds also are rated by S&P. Must the S&P rating be included?

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