Sec. 851. Risk-based examinations of Nationally Recognized Statistical Rating Organizations

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Section 15E(p)(3) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o–7(p)(3) ) is amended— in subparagraph (A)— in the heading, by striking and inserting Annual ; Risk-based by striking an examination and inserting examinations ; and by striking at least annually ; and in subparagraph (B), in the matter preceding clause (i), by inserting , as appropriate, after Each examination under subparagraph

(A)shall include .

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15 USC 78o–7(p)(3)

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Sec. 851

Risk-based examinations of Nationally Recognized Statistical Rating Organizations

Cite15 USC 78o–7(p)(3)

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