View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

SEC RIN: 3235-AM05 Publication ID: Fall 2017 
Title: Proposed 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.

Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 17 CFR 240.17g-5(a)(3)   
Legal Authority: 15 U.S.C. 78o-7    15 U.S.C. 78q    15 U.S.C. 78mm   
Legal Deadline:  None
Action Date FR Cite
NPRM  10/00/2018 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Harriet Orol
Office of Credit Ratings
Securities and Exchange Commission
Brookfield Place, 200 Vesey Street, Suite 400,
New York, NY 10281-1022
Phone:212 336-0554