BULLETIN: Ameriprise Financial Inc. And Related Ratings Unaffected By $59.3M Settlement - S&P Global Ratings’ Credit Research

BULLETIN: Ameriprise Financial Inc. And Related Ratings Unaffected By $59.3M Settlement

BULLETIN: Ameriprise Financial Inc. And Related Ratings Unaffected By $59.3M Settlement - S&P Global Ratings’ Credit Research
BULLETIN: Ameriprise Financial Inc. And Related Ratings Unaffected By $59.3M Settlement
Published Dec 01, 2005
367 words — Published Dec 01, 2005
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Abstract:

NEW YORK (Standard & Poor's) Dec. 1, 2005--Standard & Poor's Ratings Services said today that its ratings on Ameriprise Financial Inc. (NYSE:AMP; A-/Positive/--) and its affiliates will not be affected by AMP's announcement that its has reached settlements with the SEC, NASD, and the State of Minnesota regarding revenue sharing, directed brokerage, and market timing. Standard & Poor's had considered the potential for settlement in the current ratings and believes that the group's operating performance will not be affected by this settlement of $59.3 million. In addition, AMP had changed some of its distribution practices and compliance policies over the past few years to conform with more acceptable practices. Nevertheless, as a relatively new independent public company, execution of these

  
Brief Excerpt:

RESEARCH BULLETIN: Ameriprise Financial Inc. And Related Ratings Unaffected By $59.3M Settlement Publication date: 01-Dec-2005 NEW YORK (Standard & Poor's) Dec. 1, 2005--Standard & Poor's Ratings Services said today that its ratings...

  
Report Type:

Bulletin

Issuer
Sector
Global Issuers, Insurance
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Ameriprise Financial Inc. And Related Ratings Unaffected By $59.3M Settlement" Dec 01, 2005. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Ameriprise-Financial-Inc-And-Related-Ratings-Unaffected-By-59-3M-Settlement-478964>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Ameriprise Financial Inc. And Related Ratings Unaffected By $59.3M Settlement Dec 01, 2005. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Ameriprise-Financial-Inc-And-Related-Ratings-Unaffected-By-59-3M-Settlement-478964>
  
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