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The Autorité Des Marchés Financiers Opens An Investigation After Standard & Poor’s Dissemination Of Mistaken Information

Date 17/11/2011

The AMF Secretary General opened an investigation after the rating agency Standard & Poor’sindicated that it had mistakenly sent a message announcing a downgrade of France’s credit rating to some of its clients.

The AMF also contacted the European Securities and Markets Authority (ESMA), as it is underits jurisdiction to ensure that rating agencies meet their professional obligations.