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S. 927

BillFederalSenateIn Committee
Credit Rating Agency Responsibility Act of 2009
About This Bill
Committee
Latest Action · April 29, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
111th (2009–2011)
Introduced
April 29, 2009
Cosponsors (0)
None
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Summary

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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.

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