[adaptiveValleys]

> middle-man firm who are creating the security and trying to unload it.

If the investment bank only facilitates the transaction, then the key incentive that could tilt the transaction toward having a sense of urgency, and as a result, indifference to the rating accuracy would be the personal gain of the individual/team attempting to process the transaction.

If that assumption holds, would tying in a performance based return to the banker who sells the security, balance it? That way they also have incentive to make sure the rating is as accurate as possible?

If so, then it seems that it would probably be resolved through legislation, because otherwise it appears to be an intractable coordination problem. Unless including a return for the seller based on the performance is something that occurs in the industry for other types of securities.