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H.R. 3911: Risk-Based Credit Examination Act

The text of the bill below is as of Nov 7, 2017 (Passed the House).


IB

115th CONGRESS

1st Session

H. R. 3911

IN THE HOUSE OF REPRESENTATIVES

AN ACT

To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.

1.

Short title

This Act may be cited as the Risk-Based Credit Examination Act.

2.

Risk-Based Examinations of Nationally Recognized Statistical Rating Organizations

Section 15E(p)(3)(B) of the Securities Exchange Act of 1934 (15 U.S.C. 78o–7(p)(3)(B)) is amended in the matter preceding clause (i), by inserting , as appropriate, after Each examination under subparagraph (A) shall include.

Passed the House of Representatives November 7, 2017.

Karen L. Haas,

Clerk.