Amendment sought to strike section 6012 from the bill, which is increased liability language that would be a barrier to entry, inhibiting increased competition in the rating agency market.

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Amendment Number
528
Description
Amendment sought to strike section 6012 from the bill, which is increased liability language that would be a barrier to entry, inhibiting increased competition in the rating agency market.
Purpose
An amendment numbered 14 printed in House Report 111-370 to strike section 6012 (relating to Effect of Rule 436(G)). The amendment would strike increased liability language that would be a barrier to entry, inhibiting increased competition in the rating agency market.
Congress
111
Type
HAMDT
Latest Action Date
Dec 11, 2009
Latest Action Text
On agreeing to the McCarthy (CA) amendment (A012) Failed by recorded vote: 166 - 259 (Roll no. 961). (consideration: CR H14762-14763; text: CR H14762)
Latest Action Time
11:21:32
Submitted Date
Dec 10, 2009
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 528 — Informed