Credit rating agency/Timelines: Difference between revisions
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==2006== | |||
Congress passed the Credit Rating Agency Reform Act[http://www.govtrack.us/congress/bill.xpd?tab=summary&bill=s109-3850] that provided the SEC with authority to impose registration, recordkeeping, and reporting rules on credit rating agencies registered as Nationally Recognized Statistical Rating Organizations (NRSRO). Currently, 10 credit rating agencies are registered with the Commission as NRSROs as defined by the Act. | |||
==2007== | ==2007== | ||
Revision as of 00:11, 2 March 2010
2006
Congress passed the Credit Rating Agency Reform Act[1] that provided the SEC with authority to impose registration, recordkeeping, and reporting rules on credit rating agencies registered as Nationally Recognized Statistical Rating Organizations (NRSRO). Currently, 10 credit rating agencies are registered with the Commission as NRSROs as defined by the Act.