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Risk-Based Credit Examination Act

H.R. 3911 · 115th Congress · Nov 8, 2017 · Lineage

AN ACT

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

Section 1 Short title

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

Sec. 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”.