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Section 939A of the Dodd-Frank Act contains two directives to Federal agencies including the OCC. First, section 939A directs all Federal agencies to review, no later than one year after enactment, any regulation that requires the use of an assessment of creditworthiness of a security or money market instrument and any references to, or requirements in, such regulations regarding credit ratings. Second, the agencies are required to remove any references to, or requirements of reliance on, credit ratings and substitute such standard of creditworthiness as each agency determines is appropriate

Pursuant to Section 19(b)(1) of the Exchange Act and Rule 19b-4 thereunder, notice is hereby given that on June 6, 2012, New York Stock Exchange LLC filed with the SEC the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. View all proposed changes here (links externally to SEC website).