GM's Problems Could Grow

General Motors Co.'s record recalls has so tainted the brand that every one of its customers has lost money, according to plaintiffs attorneys planning a nationwide class action against GM next month.

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Regulation

  • New SEC Rules Crack Down on Credit-Rating Agencies

    By Jenna Greene

    A divided U.S. Securities and Exchange Commission on Wednesday adopted new rules for credit-rating agencies, stepping up review and disclosure requirements and adding safeguards to prevent sales and marketing considerations from influencing the ratings.

  • CFPB Fines Auto Lender $2.75M for Credit Reporting Errors

    By Jenna Greene

    The Consumer Financial Protection Bureau on Wednesday fined an auto lender $2.75 million for providing inaccurate information about borrowers to credit-reporting agencies.

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