Section 1 Short title
This Act may be cited as the “Risk-Based Credit Examination Act”.
Risk-Based Credit Examination Act
A BILL
To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.
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”.