Official Bill Info

• Latest Action: Aug 12, 2011 Reported by the Committee on Financial Services. H. Rept. 112-196.

  Clicking this will add the following text:

  I know the most recent action for this bill is as follows: "Reported by the Committee on Financial Services. H. Rept. 112-196." on Aug 12, 2011
• Committee Assignment: House Financial Services

  Clicking this will add the following text:

  This bill has been assigned to the House Financial Services committee.
• Committee Assignment: House Financial Services - Capital Markets, Insurance and Government Sponsored Enterprises

  Clicking this will add the following text:

  This bill has been assigned to the House Financial Services - Capital Markets, Insurance and Government Sponsored Enterprises committee.

Bill Statistics on OpenCongress

Contribution Data

Supporting Organizations

• Ford Motor Company

  Clicking this will add the following text:

  I know that the organization Ford Motor Company supports H.R.1539
• The American Securitization Forum

  Clicking this will add the following text:

  I know that the organization The American Securitization Forum supports H.R.1539

Opposing Organizations

• AFL-CIO

  Clicking this will add the following text:

  I know that the organization AFL-CIO opposes H.R.1539
• Consumer Federation of America

  Clicking this will add the following text:

  I know that the organization Consumer Federation of America opposes H.R.1539
• California Public Employees Retirement System

  Clicking this will add the following text:

  I know that the organization California Public Employees Retirement System opposes H.R.1539
• Americans for Financial Reform

  Clicking this will add the following text:

  I know that the organization Americans for Financial Reform opposes H.R.1539

Most-commented sections of the bill text

Highest Rated User Comments

Highly Rated Blog Articles

• H.R. 1539: Asset-Backed Market Stabilization Act of 2011 ... - March 25, 2012 by http://www.govtrack.us/users/events.xpd?monitors=misc:activebills2 - H.R. 1539: Asset-Backed Market Stabilization Act of 2011. 112th Congress, 2011–2012. To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule ...

  Clicking this will add the following text:

  As noted by http://www.govtrack.us/users/events.xpd?monitors=misc:activebills2 on March 25, 2012, "H.R. 1539: Asset-Backed Market Stabilization Act of 2011. 112th Congress, 2011–2012. To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule ..." (/url?q=http://www.govtrack.us/congress/bills/112/hr1539&sa=U&ei=MoyET9XuC8angweTyrDGBw&ved=0CCYQmAEwAA&usg=AFQjCNGil4ij7DmYZBCSxdHAnea_e26vrA)
• H.R. 1539: Asset-Backed Market Stabilization Act of 2011 ... - March 25, 2012 by http://www.govtrack.us/users/events.xpd?monitors=misc:activebills2 - H.R. 1539: Asset-Backed Market Stabilization Act of 2011. 112th Congress, 2011–2012. To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule ...

  Clicking this will add the following text:

  As noted by http://www.govtrack.us/users/events.xpd?monitors=misc:activebills2 on March 25, 2012, "H.R. 1539: Asset-Backed Market Stabilization Act of 2011. 112th Congress, 2011–2012. To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule ..." (/url?q=http://www.govtrack.us/congress/bills/112/hr1539&sa=U&ei=adqBT5yjLsmq2QXi97X5Cw&ved=0CCYQmAEwAA&usg=AFQjCNFENTsxmnz8UNEqJBBnoU4D0t7rlg)
• H.R. 1539: Asset-Backed Market Stabilization Act of 2011 ... - March 25, 2012 by http://www.govtrack.us/users/events.xpd?monitors=misc:activebills2 - H.R. 1539: Asset-Backed Market Stabilization Act of 2011. 112th Congress, 2011–2012. To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule ...

  Clicking this will add the following text:

  As noted by http://www.govtrack.us/users/events.xpd?monitors=misc:activebills2 on March 25, 2012, "H.R. 1539: Asset-Backed Market Stabilization Act of 2011. 112th Congress, 2011–2012. To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule ..." (/url?q=http://www.govtrack.us/congress/bills/112/hr1539&sa=U&ei=5pCAT5afCZP02wWqp-3hBg&ved=0CCYQmAEwAA&usg=AFQjCNEBXqb_2T1PbYLCLTSMBxsuzko-MQ)

Highly Rated News Articles

• GOP takes another shot at Dodd-Frank, seeks to ease rules on municipal advisors - August 29, 2011 by The Hill (blog) - filed a report to the House on HR 1539, which would repeal language in Dodd-Frank that makes financial rating agencies liable for false statements in a registration statement or prospectus. Republicans argue that since this language was passed, ...

  Clicking this will add the following text:

  As noted by The Hill (blog) on August 29, 2011, " filed a report to the House on HR 1539, which would repeal language in Dodd-Frank that makes financial rating agencies liable for false statements in a registration statement or prospectus. Republicans argue that since this language was passed, ... " (http://thehill.com/blogs/floor-action/house/178527-gop-takes-another-shot-at-dodd-frank-seeks-to-ease-rules-on-municipal-advisors)
• House moves toward reinstating SEC rule on rating-agency liability - August 15, 2011 by The Hill (blog) - on Friday filed a committee report with the House clerk on the bill, HR 1539. That filing is a sign the bill could be moving soon after the House returns in early September, although House leaders have yet to set any firm schedule as of this date. ...

  Clicking this will add the following text:

  As noted by The Hill (blog) on August 15, 2011, " on Friday filed a committee report with the House clerk on the bill, HR 1539. That filing is a sign the bill could be moving soon after the House returns in early September, although House leaders have yet to set any firm schedule as of this date. ... " (http://thehill.com/blogs/floor-action/house/176909-house-moves-toward-reinstating-sec-rule-on-rating-agency-liability)
• SNR Denton | Dodd-Frank at One Year: An Updated Overview - July 27, 2011 by Linex Legal (press release) (registration) - HR 1539 would restore credit rating agencies' exemption from expert liability under the '33 Act. Similarly, on May 12-13, the Republican Members of the Financial Services Committee favorably reported several additional bills to roll back Dodd-Fran

  Clicking this will add the following text:

  As noted by Linex Legal (press release) (registration) on July 27, 2011, " HR 1539 would restore credit rating agencies' exemption from expert liability under the '33 Act. Similarly, on May 12-13, the Republican Members of the Financial Services Committee favorably reported several additional bills to roll back Dodd-Fran" (http://ca.linexlegal.com/contents/view/2304528)