Petition Reduce the power of Credit Rating Agencies

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Credit Ratings Agencies have a growing hold over the fiscal policies of Governments. Their influence is akin to that of a monopoly and poor decisions (ie giving top rating to mortgage backed securities) leads to dramatic fluctuations in the world's financial markets. Their power needs to be reduced so that Governments can govern in a more stable way. The finance sectors should serve us, the people, not the other way round.

This petition is closed This petition ran for 6 months

5 signatures

Progress of the petition towards its next target: 5 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 15 August 2012
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