Sec. 856. Exception for providing certain material information relating to a credit rating
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Section 15E(h)(3) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o–7(h)(3) ) is amended by adding at the end the following: Rules issued under this paragraph may not prohibit a person who participates in sales or marketing of a product or service of a nationally recognized statistical rating organization from providing material information, or information believed in good faith to be material, to the issuance or maintenance of a credit rating to a person who participates in determining or monitoring the credit rating, or developing or approving procedures or methodologies used for determining the credit rating, so long as the information provided is not intended to influence the determination of a credit rating, or the procedures or methodologies used to determine credit ratings. .
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- 15 USC 78o–7(h)(3)
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Sec. 856
Exception for providing certain material information relating to a credit rating
Cite15 USC 78o–7(h)(3)
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