Amendment111th Congress
Amendment allows rating agency firms to deregister as Nationally Recognized Statistical Rating Organizations (NRSRO), provided such NRSRO certifies that it received less than $250 million during its last full fiscal year in compensation for providing credit ratings on securities and money market instruments issued in the U.S.
- Amendment Number
- 535
- Description
- Amendment allows rating agency firms to deregister as Nationally Recognized Statistical Rating Organizations (NRSRO), provided such NRSRO certifies that it received less than $250 million during its last full fiscal year in compensation for providing credit ratings on securities and money market instruments issued in the U.S.
- Purpose
- An amendment numbered 26 printed in House Report 111-370 to allow rating agency firms to deregister as Nationally Recognized Statistical Rating Organizations (NRSRO), provided such NRSRO certifies that it received less than $250 million during its last full fiscal year in compensation for providing credit ratings on securities and money market instruments issued in the U.S.
- Congress
- 111
- Type
- HAMDT
- Latest Action Date
- Dec 11, 2009
- Latest Action Text
- On agreeing to the Garrett (NJ) amendment (A019) Agreed to by voice vote.
- Latest Action Time
- 10:19:56
- Submitted Date
- Dec 11, 2009
- Chamber
- House of Representatives
- Update Date
- Feb 3, 2022