Standard & Poor's Investigation: DOJ, SEC Probe Ratings Agency

http://www.huffingtonpost.com/2012/07/26/standard-poors-investigation-doj-sec-sp_n_1707048.html

Regulators are investigating Standard & Poor's over some of its ratings, according to a regulatory filing by the S&P's parent company.

The McGraw-Hill Companies Inc., which owns the S&P ratings agency, says the Department of Justice and the Securities and Exchange Commission are investigating whether the S&P broke federal laws when rating certain investments.