SEC Investigating S&P's Downgrade Of U.S. Debt

The U.S. Securities and Exchange Commission (SEC) has asked rating agency Standard & Poor's (S&P) to disclose which employees knew of its decision to downgrade U.S. debt before it was announced last week, the Financial Times said, citing people familiar with the matter. SEC's move is part of a preliminary examination into potential insider trading, the FT said. – Reuters