TAILIEUCHUNG - One Hundred Ninth Congress of the United States of America

Many situations and new developments may cause a given department or faculty member to vary from the guidelines listed above in the assigning of credit. If this situation should arise, a Registrar Form 40 should be submitted creating or revising the course, specifying the type of variance to be applied, and the expected benefit. This formal notification will allow the Office of the Registrar to document such variances, continuously synchronize the faculty’s pedagogical expectations, and will assist in acknowledging interdepartmental preferences that may logically be converted to needed revisions of the guidelines and policies | AUTHENTICATED . GOVERNMENT INFORMATION s GPO S. 3850 One Hundred Ninth Congress of the United States of America AT THE SECOND SESSION Begun and held at the City of Washington on Tuesday the third day of January two thousand and six An Act To improve ratings quality for the protection of investors and in the public interest by fostering accountability transparency and competition in the credit rating agency industry. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled SECTION 1. SHORT TITLE. This Act may be cited as the Credit Rating Agency Reform Act of 2006 . SEC. 2. FINDINGS. Upon the basis of facts disclosed by the record and report of the Securities and Exchange Commission made pursuant to section 702 of the Sarbanes-Oxley Act of 2002 116 Stat. 797 hearings before the Committee on Banking Housing and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives during the 108th and 109th Congresses comment letters to the concept releases and proposed rules of the Commission and facts otherwise disclosed and ascertained Congress finds that credit rating agencies are of national importance in that among other things 1 their ratings publications writings analyses and reports are furnished and distributed and their contracts subscription agreements and other arrangements with clients are negotiated and performed by the use of the mails and other means and instrumentalities of interstate commerce 2 their ratings publications writings analyses and reports customarily relate to the purchase and sale of securities traded on securities exchanges and in interstate over-the-counter markets securities issued by companies engaged in business in interstate commerce and securities issued by national banks and member banks of the Federal Reserve System 3 the foregoing transactions occur in such volume as substantially to affect interstate commerce the securities markets the .

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