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- H.R.6482
H.R.6482: To direct the Securities and Exchange Commission to establish both a process by which asset-backed instruments can be deemed eligible for NRSRO ratings and an initial list of such eligible asset-backed instruments.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced July 14, 2008
- Latest Major Action July 14, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to revise regulations relating to "asset-backed securities" to define an "NRSRO asset-backed securities" subset, which shall: (1) be the only asset-backed securities for which a credit rating agency may register and issue ratings as a nationally recognized statistical rating organization (NRSRO); and (2) be restricted to securities representing...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| July 14, 2008 |
Introduced in the House by Gary L. Ackerman (D-N.Y.) |