Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Credit Rating Agencies: Alternative Comprehensive Models for Nationally Recognized Statistical Rating Organizations

Credit Rating Agencies: Alternative Comprehensive Models for Nationally Recognized Statistical Rating Organizations

Government Accountability Office

Paperback

General Reference

ISBN10: 1492288888
ISBN13: 9781492288886
Publisher: Createspace
Published: Sep 4 2013
Pages: 42
Weight: 0.27
Height: 0.09 Width: 8.50 Depth: 11.02
Language: English
A credit rating is an assessment of the creditworthiness of an obligor as an entity or in relation to specific securities or money market instruments.9 SEC first used the term Nationally Recognized Statistical Rating Organization in 1975 to describe those rating agencies whose ratings could be relied upon to determine capital charges for different types of debt securities (securities) broker-dealers held.10 Since then, SEC has used the NRSRO designation in a number of regulations, and the term has been embedded in numerous federal and state laws and regulations, investment guidelines, and private contracts. As will be discussed, SEC has issued a series of proposals regarding the removal of references to credit ratings in its regulations in accordance with the Dodd-Frank Act.

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