Ursa Capital’s Reliability And Credit Ratings Withdrawn
OREANDA-NEWS. National Rating Agency has withdrawn its reliability rating and its credit rating on Ursa Capital LLC following cancelation of the company’s broker-dealer’s and securities management services license. On withdrawal, we assign the company a credit rating of ‘C’ based on the results of our analysis of Sept 30, 2014.
The Central Bank of Russia cancelled the license after the company had repeatedly violated, within one year, the provision of the federal law against the illegal use of insider information and market manipulation and the federal law on securities.
Ursa Capital LLC’s reliability and credit ratings were lowered on Feb 20, 2015 to ‘C’ with a negative outlook.
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