S. 927 · 111th Congress
Credit Rating Agency Responsibility Act of 2009
- Stage
- In committee
- Sponsor
- Mark Pryor
- Introduced
- 2009-04-29
- Latest action
- 2009-04-29 · Introduced in Senate
Summary
Credit Rating Agency Responsibility Act of 2009 - Amends the Securities and Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to audit annually each nationally recognized statistical rating organization (NRSRO) to assure that the NRSRO is sufficiently disclosing its rating procedures and methodologies, they are sound, and it is adhering to them.