NRC proposes to amend its rules on the use of credit ratings

January 4, 2023, 3:00PMRadwaste Solutions

The Nuclear Regulatory Commission has issued a proposed rule that would amend its regulations for approved financial assurance mechanisms for decommissioning. The rule is intended to implement the provisions of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that directed agencies to amend their regulations to remove any reference to or requirement of reliance on credit ratings.