An amendment numbered 18 printed in House Report 111-370 to aim to stem the unintended consequences resulting from the definitional change of NRSRO from Nationally Recognized Statistical Rating Organization to Nationally Registered Statistical Rating Organization. Section 6005 creates inconsistencies in the securities laws as it amends the definition only in the 1933 and 1934 Acts and it has potential impact on state rules and regulations requiring a change of state level statute.
What it does: Strikes section 6005
Rep. Paul E. Kanjorski (D-PA)Description
Amendment sought to stem the unintended consequences resulting from the definitional change of NRSRO from Nationally Recognized Statistical Rating Organization to Nationally Registered Statistical Rating Organization. Section 6005 creates inconsistencies in the securities laws as it amends the definition only in the 1933 and 1934 Acts and it has potential impact on state rules and regulations requiring a change of state level statute.
What it changes
1 change to H.R. 4173
We couldn't match these changes to the text of H.R. 4173, so they're shown as written.
We couldn't read part of this amendment. That part is shown as written below.
Strikes section 6005
StrikesRemoves section 6005.
Original wording
Strike section 6005
Shown as written
redesignate the subsequent sections in subtitle B of title V and conform the table of contents in section 2 accordingly.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Strike section 6005 and redesignate the subsequent sections in subtitle B of title V and conform the table of contents in section 2 accordingly.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
House amendment offered
December 11, 2009
View full timeline
House amendment offered
December 11, 2009
House amendment offered/reported by : Amendment (A017) offered by Mr. Kanjorski.(consideration: CR H14751-14752; text: CR H14751)
December 11, 2009 • 9:49 AM
House amendment not agreed to: On agreeing to the Kanjorski amendment (A017) Failed by voice vote.
December 11, 2009 • 10:00 AM
Amendment failed in Committee of the Whole
December 11, 2009 • 10:00 AM
Amendment (A017) offered by Mr. Kanjorski. (consideration: CR H14751-14752; text: CR H14751)
December 11, 2009 • 9:49 AM
On agreeing to the Kanjorski amendment (A017) Failed by voice vote.
December 11, 2009 • 10:00 AM