Sec. 852. Transparency of credit rating methodologies

139 words·~1 min read·/bill/115/hr/10/rh/section-852

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Section 15E(s) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o–7(s) ) is amended— in paragraph (2)(B), by inserting before the semicolon the following: rated by the nationally recognized statistical rating agency ; and in paragraph (3)— in subparagraph (A)(ix), by inserting before the period the following: , except that the Commission may not require the inclusion of references to statutory or regulatory requirements or statutory provision headings or enumerators for any specific disclosure ; in subparagraph (B)(iv), by inserting before the period the following: , except that the Commission may not require the inclusion of references to statutory or regulatory requirements or statutory provision headings or enumerators for any specific disclosure ; and by adding at the end the following:

The Commission may not mandate the specific organization of the disclosures required under this paragraph. .

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15 USC 78o–7(s)

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Sec. 852

Transparency of credit rating methodologies

Cite15 USC 78o–7(s)

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