Nationally Recognized Statistical Ratings Organization

Nationally Recognized Statistical Ratings Organization

A credit rating agency that the Securities and Exchange Commission in the United States uses for regulatory purposes. Credit rating agencies provide assessments of an investment's risk. The issuers of investments, especially debt securities, pay credit rating agencies to provide them with ratings. Investments must receive a high rating from two or more nationally recognized statistical ratings organizations before banks in the United States may purchase them. There are 10 nationally recognized statistical ratings organization; Fitch, S&P, and Moody's are the three most prominent.
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Securities and Exchange Commission (SEC) as a nationally recognized statistical ratings organization (NRSRO); (ii) has indicated on its most recently filed SEC Form NRSRO that it rates "issuers of asset-backed securities;" and (iii) has had, within a period not exceeding 12 months prior to the initial issuance of the securities, at least three (3) "qualified ratings engagements.
Nasdaq: MORN), a leading provider of independent investment research, has completed its previously announced acquisition of Realpoint, LLC, a Nationally Recognized Statistical Ratings Organization (NRSRO) that specializes in structured finance.
DCR is a nationally recognized statistical ratings organization with a major, growing presence in life/health, property/casualty and title insurance claims paying ability and debt ratings.
DCR is a nationally recognized statistical ratings organization with a major, growing presence in property/casualty, life/health and title insurance claims paying ability and debt ratings.
The NAIC action is designed to reduce regulators' traditional reliance on nationally recognized statistical ratings organizations, and reflects a"loss of confidence" in the ratings that they produce for these securities, the association announced.
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