Text: H.R.3911 — 115th Congress (2017-2018)All Information (Except Text)

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Referred in Senate (11/08/2017)


115th CONGRESS
1st Session
H. R. 3911


IN THE SENATE OF THE UNITED STATES

November 8, 2017

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs


AN ACT

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,

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”.

Passed the House of Representatives November 7, 2017.

    Attest: karen l. haas,   
    Clerk