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Risk-Based Credit Examination Act

2/8/2022, 11:17 PM

Congressional Summary of HR 6127

Risk-Based Credit Examination Act

This bill provides 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.

Current Status of Bill HR 6127

Bill HR 6127 is currently in the status of Bill Introduced since March 5, 2020. Bill HR 6127 was introduced during Congress 116 and was introduced to the House on March 5, 2020.  Bill HR 6127's most recent activity was Referred to the House Committee on Financial Services. as of March 5, 2020

Bipartisan Support of Bill HR 6127

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6127

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Banking and financial institutions regulation
- Securities

Alternate Title(s) of Bill HR 6127

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.
Risk-Based Credit Examination Act

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