3235-AM05 201810 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3235 Securities and Exchange Commission SEC Amendment to Rule for Nationally Recognized Statistical Rating Organizations

The Office of Credit Ratings is considering recommending that the Commission propose an amendment to provide an exemption relating to Rule 17g-5(a)(3) involving conflicts of interest. Such amendment would provide that the provisions of the rule would not apply where the issuer of a security or money market instrument referred to in the rule is not a U.S. person and transactions of the security or money market instrument occur only outside the U.S.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage Undetermined No Independent agency 17 CFR 240.17g-5(a)(3) 15 U.S.C. 78o-7 15 U.S.C. 78q 15 U.S.C. 78mm No NPRM 10/00/2018 Undetermined Undetermined Undetermined No Yes Harriet Orol Office of Credit Ratings 3235 Securities and Exchange Commission SEC 212 336-0554 orolh@sec.gov Brookfield Place, 200 Vesey Street, Suite 400, New York NY 10281-1022