An amendment numbered 1 printed in House Report 109-550 to clarify that there is no private right of action for rating agencies registered as `Nationally Recognized Statistical Rating Organizations' or `NRSROs' under the Securities Exchange Act of 1934; allot to the Securities and Exchange Commission (SEC) an additional six months for a total of one year to review and, if necessary, revise its regulations that use the term `NRSRO.'; and make a number of technical amendments clarifying definitions, findings, and disclosure requirements.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Oxley amendment (A001) Agreed to by voice vote.

Records

Official amendment HAMDT 1180 (109th) from United States at United States Congress. Status: On agreeing to the Oxley amendment (A001) Agreed to by voice vote..

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Related records

amends → Credit Rating Agency Duopoly Relief Act of 2006

Sources

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Official source: https://www.congress.gov/amendment/109th-congress/hamdt-1180
Open data entity: https://api.congress.gov/v3/amendment/109/hamdt/1180
us · 109-hamdt-1180 · source updated 3 February 2022