The ratings ‘Big 3’ becomes 4? Morningstar approved to rate corporate bonds
August 29, 2016 at 14:36 PM EDT
After waiting for nearly two years, Morningstar Credit Ratings on Monday earns a regulatory nod that could push it beyond a niche presence in the ratings game and improve its chances of competing with heavyweights Standard & Poor’s, Moody’s Investors Service and Fitch Ratings.