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federal_register: 2014-15731

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2014-15731 Government Securities Act Regulations; Replacement of References to Credit Ratings and Technical Amendments Rule The Department of the Treasury (Treasury) is issuing in final form an amendment to the regulations issued under the Government Securities Act of 1986, as amended (GSA), to replace references to credit ratings in the regulations with alternative requirements. Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) requires Federal agencies to remove from their applicable regulations any reference to or requirement of reliance on credit ratings and to substitute a standard of creditworthiness as the agency determines appropriate for such regulations. This final rule amendment provides a substitute standard of creditworthiness for use in the liquid capital rule required by GSA regulations. It also contains several non-substantive, technical amendments to Treasury's GSA regulations to update certain information or to delete certain requirements that are no longer applicable. 2014-07-08 2014 7 https://www.federalregister.gov/documents/2014/07/08/2014-15731/government-securities-act-regulations-replacement-of-references-to-credit-ratings-and-technical https://www.govinfo.gov/content/pkg/FR-2014-07-08/pdf/2014-15731.pdf Treasury Department 497 The Department of the Treasury (Treasury) is issuing in final form an amendment to the regulations issued under the Government Securities Act of 1986, as amended (GSA), to replace references to credit ratings in the regulations with alternative...  

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