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Locke Lord LLP | USA, Switzerland | 1 Oct 2011

Connecticut Insurance Department enters cooperation agreement with Swiss regulators

On September 23, 2011, the head of the Connecticut Insurance Department (the "CID"), Commissioner Thomas Leonardi, announced the signing of a memorandum of understanding ("MoU") with the Swiss Financial Market Supervisory Authority ("FINMA"), the governmental body responsible for financial regulation in Switzerland.


Alston & Bird LLP | USA | 11 Mar 2010

Connecticut Attorney General sues Moody's and Standard & Poor's

Yesterday, Connecticut Attorney General Richard Blumenthal announced separate lawsuits against Moody's and Standard & Poor's, two of the nation's largest credit rating agencies, for "knowingly assigning tainted credit ratings to risky investments backed by sub-prime loans."

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