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House Bill 4586
117th Congress(2021-2022)
Risk-Based Credit Examination Act
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Passed House on Jul 26, 2022
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H. R. 4586 (Referred-in-Senate)


117th CONGRESS
2d Session
H. R. 4586

IN THE SENATE OF THE UNITED STATES

July 27, 2022

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. Conduct of 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 July 26, 2022.

    Attest:cheryl l. johnson,   
    Clerk.