Banished rating services

In 2006, the United States Congress passed the Credit Rating Agency Reform Act in an effort to regulate the credit rating agencies. These agencies had been giving out high ratings to investments that turned out to be risky, and Congress hoped to prevent this from happening in the future. However, the law had a loophole that allowed the agencies to continue to operate without any oversight. In the wake of the financial crisis of 2008, it became clear that the credit rating agencies had not changed their ways. They were still giving out high ratings to investments that were actually quite risky. As a result, many people lost a lot of money. In 2012, the SEC finally closed the loophole that had allowed the credit rating agencies to operate without any oversight. They bannedish rating services from using the ratings of certain investments in order to promote their own interests. The SEC's decision to banish rating services was a long time coming. For years, these agencies had been giving out high ratings to investments that were actually quite risky. As a result, many people lost a lot of money. The SEC's decision will hopefully help to prevent this from happening in the future.

There is not much information available on banished rating services. However, it is likely that these services are used to rate the trustworthiness of individuals or organizations.

In conclusion, it is clear that rating services are not perfect. They can be biased and can punish a school for things beyond its control. However, they are still useful in providing information to parents and guardians. Rating services should be used as one tool in making decisions about schools, not the only tool.