Risk-Based Credit Examination Act

Bill: 115-hr-3911
Sponsor: full_name: Rep. Wagner, Ann [R-MO-2]
Introduced: 2017-10-02
Policy area: Finance and Financial Sector
Subjects: Banking and financial institutions regulation

Securities
Latest action: action_date: 2017-11-08
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2017-10-02
action_desc: Introduced in House
text: <p><b>Risk-Based Credit Examination Act</b></p> <p>This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning reviewable matters during its annual examination of nationally recognized statistical rating organizations.</p>

action_date: 2017-11-03
action_desc: Reported to House without amendment
text: <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b>Risk-Based Credit Examination Act</b></p> <p>(Sec. 2) This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning reviewable matters during its annual examination of nationally recognized statistical rating organizations.</p>

action_date: 2017-11-07
action_desc: Passed House without amendment
text: <p>(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) </p><p><b>Risk-Based Credit Examination Act</b></p> <p>(Sec. 2) This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning reviewable matters during its annual examination of nationally recognized statistical rating organizations.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 3911 IN THE HOUSE OF REPRESENTATIVES October 2, 2017 Mrs. Wagner (for herself and Mr. Foster ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.

1. Short title This Act may be cited as the Risk-Based Credit Examination Act . 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 .

tv_txt: IIB 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.

1. Short title This Act may be cited as the Risk-Based Credit Examination Act . 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. Karen L. Haas, Clerk

tv_txt: IB 115th CONGRESS 1st Session H. R. 3911 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.

1. Short title This Act may be cited as the Risk-Based Credit Examination Act . 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. Karen L. Haas, Clerk.

tv_txt: IB Union Calendar No. 281 115th CONGRESS 1st Session H. R. 3911 [Report No. 115–384] IN THE HOUSE OF REPRESENTATIVES October 2, 2017 Mrs. Wagner (for herself and Mr. Foster ) introduced the following bill; which was referred to the Committee on Financial Services November 3, 2017 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed A BILL To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.

1. Short title This Act may be cited as the Risk-Based Credit Examination Act . 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 .

November 3, 2017 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed