HR3911: Risk-Based Credit Examination Act

By | April 12, 2018
Seal of the U.S. Securities and Exchange Commission.

Seal of the U.S. Securities and Exchange Commission.

Increases the Office of Credit Ratings’ discretion during reviews of statistical rating organizations.

Official Summary

Risk-Based Credit Examination Act

This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission’s Office of Credit Ratings with discretion concerning reviewable matters during its annual examination of nationally recognized statistical rating organizations.

Passed House
2017-11-07
Passed Senate
Signed by President
Became Public Law

Amendments

None.

Sponsors

Original sponsor: Rep. Wagner, Ann [R-MO-2]

Cosponsors: Rep. Foster, Bill [D-IL-11]

Votes

Passed House: http://clerk.house.gov/evs/2017/roll615.xml

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