A Nationally Recognized Statistical Rating Organization (or "NRSRO") is a credit rating agency which issues credit ratings that the U.S. Securities and Exchange Commission (SEC) permits other financial firms to use for certain regulatory purposes. As of 25 September 2008, ten organizations were designated as NRSROs: Moody's Investor Service Standard & Poor's Fitch Ratings A. M. Best Company Dominion Bond Rating Service, Ltd Japan Credit Rating Agency, Ltd R&I, Inc.

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  • A Nationally Recognized Statistical Rating Organization (or "NRSRO") is a credit rating agency which issues credit ratings that the U.S. Securities and Exchange Commission (SEC) permits other financial firms to use for certain regulatory purposes. As of 25 September 2008, ten organizations were designated as NRSROs: Moody's Investor Service Standard & Poor's Fitch Ratings A. M. Best Company Dominion Bond Rating Service, Ltd Japan Credit Rating Agency, Ltd R&I, Inc. Egan-Jones Rating Company LACE Financial Realpoint LLC Ratings by NRSRO are used for a variety of regulatory purposes in the United States. In addition to net capital requirements (described in more detail below), the SEC permits certain bond issuers to use a shorter prospectus form when issuing bonds if the issuer is older, has issued bonds before, and has a credit rating above a certain level. SEC regulations also require that money market funds (mutual funds that mimick the safety and liquidity of a bank savings deposit, but without FDIC insurance) comprise only securities with a very high rating from an NRSRO. Likewise, insurance regulators use credit ratings from NRSROs to ascertain the strength of the reserves held by insurance companies.
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  • A Nationally Recognized Statistical Rating Organization (or "NRSRO") is a credit rating agency which issues credit ratings that the U.S. Securities and Exchange Commission (SEC) permits other financial firms to use for certain regulatory purposes. As of 25 September 2008, ten organizations were designated as NRSROs: Moody's Investor Service Standard & Poor's Fitch Ratings A. M. Best Company Dominion Bond Rating Service, Ltd Japan Credit Rating Agency, Ltd R&I, Inc.
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  • Nationally Recognized Statistical Rating Organization
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