Law

Subtitle C – Improvements to the Regulation of Credit Rating Agencies

Sec. 931. Findings. (See Note to 15 U.S.C. § 78o-7)

Sec. 932. Enhanced regulation, accountability, and transparency of nationally recognized statistical rating organizations. (amending 15 U.S.C. § 78o-7)

Sec. 933. State of mind in private actions. (amending 15 U.S.C. § 78o-7(m))

Sec. 934. Referring tips to law enforcement or regulatory authorities.(adding 15 U.S.C. § 78o-7(u))

Sec. 935. Consideration of information from sources other than the issuer in rating decisions. (adding 15 U.S.C. § 78o-7(v))

Sec. 936. Qualification standards for credit rating analysts. (See Note to 15 U.S.C. § 78o-7)

Sec. 937. Timing of regulations. (See Note to 15 U.S.C. § 78o-7)

Sec. 938. Universal ratings symbols. (adding 15 U.S.C. § 78o-8)

Sec. 939. Removal of statutory references to credit ratings. (amending 12 U.S.C. §§ 24a, 1817, 1831e, 4519, 15 U.S.C. § 80a-6(a)(5)(iv)(I)78c)

Sec. 939A. Review of reliance on ratings. (See Note to 15 U.S.C. § 78o-7)

Sec. 939B. Elimination of exemption from fair disclosure rule. (See Note to 15 U.S.C. § 78m)

Sec. 939C. Securities and Exchange Commission study on strengthening credit rating agency independence.

Sec. 939D. Government Accountability Office study on alternative business models. (See Note to 15 U.S.C. § 78o-9)

Sec. 939E. Government Accountability Office study on the creation of an independent professional analyst organization.

Sec. 939F. Study and rulemaking on assigned credit ratings. (added 15 U.S.C. § 78o-9)

Sec. 939G. Effect of Rule 436(g).

Sec. 939H. Sense of Congress.