Leaders of the House Financial Services Committee are urging the Securities and Exchange Commission to investigate whether Moody’s Investors Service violated federal laws by incorrectly assigning triple-A ratings to billions of dollars of European credit derivatives because of a computer glitch and then not correcting the ratings when the mistake was discovered.

The request was made in a letter to SEC chairman Christopher Cox signed by chairman Barney Frank, D-Mass., and Paul Kanjorski, D-Pa., Spencer Bachus, R-Ala., and Deborah Pryce, R-Ohio.

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