S. 927 · 111th Congress
Credit Rating Agency Responsibility Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
PryorSponsorNo cosponsors.
Credit Rating Agency Responsibility Act of 2009 - Amends the Securities and Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to audit annually each nationally recognized statistical rating organization (NRSRO) to assure that the NRSRO is sufficiently disclosing its rating procedures and methodologies, they are sound, and it is…
What it does: CRS summary · Introduced in Senate · Apr 29, 2009
Credit Rating Agency Responsibility Act of 2009 - Amends the Securities and Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to audit annually each nationally recognized statistical rating organization (NRSRO) to assure that the NRSRO is sufficiently disclosing its rating procedures and methodologies, they are sound, and it is adhering to them.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Credit Rating Agency Responsibility Act of 2009
Latest action (Apr 29, 2009): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Apr 29, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.