%0 Journal Article %T Brief Analysis on Conflicts of Interest of Credit Rating Agencies %A Lu ZHANG %A Yanyan XING %J Canadian Social Science %D 2012 %I Canadian Academy of Oriental and Occidental Culture %R 10.3968/2726 %X With the outbreak of the current US financial crisis and European sovereign debt crisis, the current credit rating system has indicated various problems, and especially the conflicts of interest are becoming more and more obvious. Based on the issuer-pays mode, this article analyzes the causes of such confl icts of interest from the angle of regulation of fi duciaries, including international regulation, and puts forward suggestions on solution of such confl icts. Key words: Rating agency; Conflicts of interest; Fiduciary; Regulation %K Rating agency %K Conflicts of interest %K Fiduciary %K Regulation %U http://cscanada.net/index.php/css/article/view/2726