Search Results for keywords:"credit rating agencies"

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Search Results: keywords:"credit rating agencies"

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  • 2021-01816 — Proposed Collection; Comment Request
    Type:Notice
    Citation:86 FR 7436
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is requesting public comments on its Rule 17g-3 under the Securities Exchange Act of 1934, as part of the Paperwork Reduction Act of 1995. This rule involves reporting requirements for credit rating agencies, specifically those registered as Nationally Recognized Statistical Rating Organizations (NRSROs). The SEC aims to evaluate if the information collected is necessary, assess the burden on respondents, and seek ways to improve the quality and reduce the effort required. Comments are to be submitted within 60 days of this notice, and they can be sent via mail or email as specified.

    Simple Explanation

    The SEC wants to hear people's thoughts on a rule about how some companies report their information, like their scores, to help others know if they can be trusted. They want to see if the rule is helpful and if it can be made easier to follow.

  • 2025-03079 — Submission for OMB Review; Comment Request; Extension: Rule 17g-4
    Type:Notice
    Citation:90 FR 10745
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is seeking public comments on the renewal of a rule known as Rule 17g-4, which applies to credit rating agencies. The rule requires these agencies, called Nationally Recognized Statistical Rating Organizations (NRSROs), to have policies that prevent improper sharing and use of sensitive information. Currently, there are 10 NRSROs, and they each spend about 10 hours a year maintaining these policies. Comments can be submitted until March 28, 2025, as outlined in the notice.

    Simple Explanation

    The SEC is asking people what they think about a rule that makes sure special companies that rate how good businesses are keep secrets safe and don't share them the wrong way. They need help to see if these rules are working well and if the companies are spending the right amount of time keeping them up.