Senate Panel to Vote on NRSRO Bill

Hume, Lynn
August 2006
Bond Buyer;8/1/2006, Vol. 358 Issue 32435, p4
Trade Publication
The article reports that the Senate Banking Committee intends to vote on a credit rating agency bill in the United States. Called the Credit Rating Agency Reform Act of 2006, the bill states that credit rating agencies that have issued ratings for at least three years would be able to register with the Securities and Exchange Commission as Nationally Registered Statistical Rating Organizations if they divulge some information.


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