Credit Agency Reform Act of 2006
Date: 10/27/06
The Credit Rating Agency Reform Act of 2006 ("the Act") was passed by the 109th Congress with the stated purpose of "improv[ing] ratings quality for the protection of investors" and promoting "accountability, transparancy, and competition in the credit rating industry." President Bush signed the Act on September 29, 2006.Credit Agency Reform Act of 2006 (pdf | 37.98 KB )