The securities agency, s credit is in favor of solving dissymmetry between investor and company or securities agency, and reducing the exchanging cost.

证券中介信用有利于解决投资者与上市公司、证券中介之间的信息不对称性； 有利于降低交易成本。

youdao

The idea was that the --so he set up Moody's Rating Agency and the job of Moody's was to give letter grades to securities; it was a little bit like a bank, but it was different because he didn't actually make the loans.

主旨是... 因此他成立了穆迪评级机构,穆迪的工作就是用字母给证券评级,这有点像银行,但还是有区别,因为他并不发放贷款

耶鲁公开课 - 金融市场课程节选

The Securities and Exchange Commission is back under fire after the agency's own watchdog alleged suspicious trading activity and possible insider trading by two staff attorneys.

FORBES: Magazine Article

"To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve's holdings of securities at their current level by reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities, " the FOMC says, adding it will continue to roll over the Federal Reserve's holdings of Treasury securities as they mature.

FORBES: U.S. Economy

One measure of how effectively the incoming president and his crisis-management team have taken charge was their refusal to accept the Grand National Party's plan to place a new watchdog agency for supervising banks, securities firms and insurance companies under the Ministry of Finance.

ECONOMIST: Kim the peacemaker