Reuters: Regulatory News: Egan-Jones president hits back at SEC scrutiny

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Egan-Jones president hits back at SEC scrutiny Apr 19th 2012, 19:48 WASHINGTON, April 19 | Thu Apr 19, 2012 3:48pm EDT WASHINGTON, April 19 (Reuters) - Sean Egan, president of credit-rating firm Egan-Jones, said on Thursday that a 2008 application submitted to regulators was "accurate to the best of my ability." The U.S. Securities and Exchange Commission was scheduled on Thursday to consider whether or not to file civil charges against the firm, related to alleged misstatements the firm made in that application. Sean Egan said in an interview on CNBC that the SEC's scrutiny is connected with the firm's paperwork and filings and that it has nothing to do with the firm's ratings.

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