Manager's amendment consists of the text of the amendment contained in House Report 109-550 and printed on page H5089 in the Congressional Record for July 12, 2006.

Purpose:

An amendment numbered 1 printed in House Report 109-550 to clarify that there is no private right of action for rating agencies registered as `Nationally Recognized Statistical Rating Organizations' or `NRSROs' under the Securities Exchange Act of 1934; allot to the Securities and Exchange Commission (SEC) an additional six months for a total of one year to review and, if necessary, revise its regulations that use the term `NRSRO.'; and make a number of technical amendments clarifying definitions, findings, and disclosure requirements.

House Amendment Code:

(A001)

House Tally Clerks use this code to manage amendment information.