NU Online News Service, May 13, 3:50 p.m. EST
WASHINGTON–The Senate today approved an amendment to the financial services reform bill giving the Securities and Exchange Commission the authority to set up a Credit Rating Agency Board.
Passed by a 64-35 vote with bipartisan support the amendment to the Restoring Financial Stability Act of 2010 (S. 3217) was sponsored by Sen. Al Franken, D-Minn.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
