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Risk-Based Credit Examination Act
1/11/2023, 1:33 PM
Congressional Summary of HR 5991
Risk-Based Credit Examination Act
This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning the matters to review in its annual examinations of the management and activities of nationally recognized statistical rating organizations.
Read the Full Bill
Current Status of Bill HR 5991
Bill HR 5991 is currently in the status of Bill Introduced since September 9, 2016. Bill HR 5991 was introduced during Congress 114 and was introduced to the House on September 9, 2016. Bill HR 5991's most recent activity was Referred to the House Committee on Financial Services. as of September 9, 2016
Bipartisan Support of Bill HR 5991
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5991
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Banking and financial institutions regulation
- Financial services and investments
- Government studies and investigations
- Securities
Alternate Title(s) of Bill HR 5991
Risk-Based Credit Examination Act
Risk-Based Credit Examination Act
To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.
Comments
Sponsors and Cosponsors of HR 5991
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