[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3911 Referred in Senate (RFS)]

<DOC>
115th CONGRESS
  1st Session
                                H. R. 3911


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            November 8, 2017

     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. 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 November 7, 2017.

            Attest:

                                                 KAREN L. HAAS,

                                                                 Clerk.