H. R. 3911
IN THE HOUSE OF REPRESENTATIVES
October 2, 2017
Mrs. Wagner (for herself and Mr. Foster) introduced the following bill; which was referred to the Committee on Financial Services
To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.
This Act may be cited as the
Risk-Based Credit Examination Act.
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.