Whether the international application to join the US rating system has been

The SEC said it was unable to comply with federal law President said the United States had rejected the idea of the United States Securities and Exchange Commission (SEC) 23rd released information showed that the agency rejected the China Grand Public International Credit evaluation as a United States rating organization application.　　The SEC said the Grand Duke now seems unlikely to follow the rules of the federal securities law. The SEC said the big Duke was not an American company and was not the reason for the veto.　　Of the 10 approved ratings companies, Fitch Ratings is owned by the French FIMALACSA, while DBRs's headquarters is located in Canada. The Grand Duke's application was rejected because it does not seem to be complying with the federal securities law's provisions on record keeping, production and inspection.　　The SEC requires nationally determined ratings organizations to keep detailed records, such as ratings payers, compliance reports and credit analyst identities. The SEC said in its decision that China's securities regulator might remove some of the state secrets from documents that the Grand Duke is prepared to submit to the SEC.　　But the big public response to this is that there is no information on "state secrets" at all, so there will be no Chinese regulators deleting the information. The SEC said the Grand Duke did not explain "state secrets", but said that domestic legislation allowed for the retention of information on the interests of the securities companies concerned.　　SEC officials said the Grand Duke was the first company to be rejected by the SEC since it came into operation in 2007.　　Media analysis Monopoly rating the United States has "refused" to plan the international Chairman and President of the Mr Guan has revealed that in mid-April, the U.S. government has introduced large public international entry into the United States market application for the refusal procedure. Some media speculated that the United States rejected the main reasons for the international two points: one is "the grand public headquarters in Beijing, there is no agency in the United States, no rating of any U.S. companies, and no U.S. citizens subscribe to their ratings."　　Second, "The SEC is still unable to determine in the local applicable to the legal framework of the public, the public can comply with the transaction law."　　In the summer of 2010, the great public International Credit Rating Co., Ltd. shocked the world, launched the first national sovereign credit rating report. As the first non-western country-led sovereign credit rating report, in contrast to the conclusions of the three international ratings agencies such as Standard Poole, Moody's and Fitch, the report of the grand Public international has raised the credit rating of emerging markets such as China, while downgrading the credit ratings of traditional developed countries such as the US, Britain and France.