116th CONGRESS 2d Session |
To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.
March 5, 2020
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
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”.