United States · Law · S
S. 3850 (109th)
Credit Rating Agency Reform Act of 2006
Introduced
6 September 2006
Last action
—
Status
Became Public Law No: 109-291.
Sponsors
—
Subjects
Discovery layer
Source updated
9 March 2026
Summary
Credit Rating Agency Reform Act of 2006 - Amends the Securities Exchange Act of 1934 to require nationally recognized statistical rating organizations (NRSROs) to register with the Securities and Exchange Commission (SEC), which is granted enforcement powers. Prescribes requirements for prevention of the misuse of nonpublic information and for management of conflicts of interest. Directs the SEC to issue final rules to prohibit unfair, coercive, or abusive acts or practices by NRSROs. Requires an NRSRO to: (1) designate a compliance officer to ensure compliance with securities laws, rules, and regulations; and (2) furnish to the SEC financial statements certified by an independent public accountant.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
13 official files
Enrolled Bill (text)
Enrolled Bill (text)
Enrolled Bill · EN
Enrolled Bill (PDF)
Enrolled Bill · EN
Public Law (text)
Public Law · EN · 29 September 2006
Public Law (PDF)
Public Law · EN · 29 September 2006
Public Law
summary · EN · 29 September 2006
Passed House without amendment
summary · EN · 27 September 2006
Engrossed in Senate (text)
Engrossed in Senate · EN · 22 September 2006
Engrossed in Senate (PDF)
Engrossed in Senate · EN · 22 September 2006
Passed Senate amended
summary · EN · 22 September 2006
Placed on Calendar Senate (text)
Placed on Calendar Senate · EN · 6 September 2006
Placed on Calendar Senate (PDF)
Placed on Calendar Senate · EN · 6 September 2006
Reported to Senate without amendment
summary · EN · 6 September 2006
Introduced in Senate
summary · EN · 6 September 2006
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/109th-congress/senate-bill/3850
- Open data entity: https://api.congress.gov/v3/bill/109/s/3850