Video archive of the US Congress

House Proceeding on Dec 11th, 2009 :: 1:17:20 to 1:18:25
Total video length: 1 hours 47 minutes Stream Tools: Stream Overview | Edit Time

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Paul E. Kanjorski

1:17:17 to 1:17:38( Edit History Discussion )

Paul E. Kanjorski: retain the ability to deregister. that's what the legislation does befores us. with that i reserve the balance of my time. the chair: the gentleman reserves. for what purpose does the gentleman from pennsylvania mr. kanjorski: i claim the time in opposition. the chair: the gentleman is recognized for five minutes. mr. kanjorski: madam chairwoman, under current law credit rating agencies operate under a voluntary system of

Paul E. Kanjorski

1:17:20 to 1:18:25( Edit History Discussion )
Speech By: Paul E. Kanjorski

Paul E. Kanjorski

1:17:39 to 1:17:59( Edit History Discussion )

Paul E. Kanjorski: registration with states securities and exchange commission. we change that with a provision in the manager's amendment that would require all rating agencies with appropriate exemptions to register with the commission. the gentleman from new jersey's amendment inserts a voluntary withdrawal from registration with the commission for thos

Paul E. Kanjorski

1:18:00 to 1:18:20( Edit History Discussion )

Paul E. Kanjorski: rating agencies who earn less than $250 million. this amendment would have the effect of allowing the smallest of rating agencies now registered as nationally recognized statistical rating organizations to opt out of the system at some time in the future. the proposal would also

Paul E. Kanjorski

1:18:21 to 1:18:27( Edit History Discussion )

Paul E. Kanjorski: maintain the close supervision of the largest rating agencies, the ones most likely to issue

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