H.Amdt.1180 to H.R.2990109th Congress (2005-2006)
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Description: H.Amdt. 1180 — 109th Congress (2005-2006)
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.
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