WASHINGTON — Representatives of the three major credit rating agencies said Tuesday they do not know of any rating analysts who were treated to expensive dinners, Broadway shows or sporting events by broker-dealers to obtain favorable muni ratings. All said they are unaware of any regulatory investigations of such alleged conduct.

Each said that their firms have strict policies against rating analysts receiving gifts or entertainment.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.