I 115th CONGRESS 1st Session H. R. 3911 IN THE HOUSE OF REPRESENTATIVES October 2, 2017 Mrs. Wagner (for herself and Mr. Foster ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.

1. Short title This Act may be cited as the Risk-Based Credit Examination Act . 2. 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 .