Risk-Based Credit Examination Act
This bill provides the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning reviewable matters during its annual examination of nationally recognized statistical rating organizations.
To amend the Securities Exchange Act of 1934 with respect to risk-based 
examinations of Nationally Recognized Statistical Rating Organizations.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Risk-Based Credit Examination Act''.

SEC. 2. CONDUCT OF RISK-BASED EXAMINATIONS OF NATIONALLY RECOGNIZED 
              STATISTICAL RATING ORGANIZATIONS.

    Section 15E(p)(3)(B) of the Securities Exchange Act of 1934 (15 
U.S.C. 78o-7(p)(3)(B)) is amended in the matter preceding clause (i), 
by inserting ``, as appropriate,'' after ``Each examination under 
subparagraph (A) shall include''.

            Passed the House of Representatives July 26, 2022.

            Attest:

                                             CHERYL L. JOHNSON,

                                                                 Clerk.
Risk-Based Credit Examination Act
To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.
Risk-Based Credit Examination Act
Risk-Based Credit Examination Act
Risk-Based Credit Examination Act
Rep. Wagner, Ann