Other

Current NRSROs

Below is a list of credit rating agencies currently registered as NRSROs, organized in alphabetical order. Documents related to each NRSRO are accessible by clicking on the name of the NRSRO.

A.M. Best Rating Services, Inc.
DBRS, Inc.
Demotech, Inc.
Egan-Jones Ratings Co.
Fitch Ratings, Inc.
HR Ratings de México, S.A. de C.V.
Japan Credit Rating Agency, Ltd.
Kroll Bond Rating Agency, Inc.
Moody's Investors Service, Inc.
S&P Global Ratings

A.M. Best Rating Services, Inc. (formerly known as A.M. Best Company, Inc.)

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-56507 (Sept. 24, 2007)
Notice of Effectiveness of Class of Credit Ratings Withdrawal(s) (May 13, 2011)

Form NRSRO

A.M. Best Rating Services, Inc. Form NRSRO (external link)

DBRS, Inc.

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-56508 (Sept. 24, 2007)

Form NRSRO

DBRS, Inc. Form NRSRO (external link)

Administrative Proceeding Order(s)

In the Matter of DBRS, Inc. – Release No. 34-76261 (Oct. 26, 2015)
In the Matter of DBRS, Inc. – Release No. 34-92952 (Sept. 13, 2021)
In the Matter of DBRS, Inc. – Release No. 34-98636 (Sept. 29, 2023)
In the Matter of DBRS, Inc. – Release No. 34-98638 (Sept. 29, 2023)

Other Order(s)

Order Granting an Extension of Time to File Audited Financial Statements of DBRS Ratings Limited in Accordance With Exchange Act Rule 17g-3(a)(1) – Release 34-82787 (Feb. 27, 2018)

Demotech, Inc.

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-95243 (July 11, 2022)

Form NRSRO

Demotech, Inc. Form NRSRO (external link)

Egan-Jones Ratings Co.

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-57031 (Dec. 21, 2007)
Order Granting Class of Credit Ratings Addition(s) – Release No. 34-59056 (Dec. 4, 2008)

Form NRSRO

Egan-Jones Ratings Co. Form NRSRO (external link)

Administrative Proceeding Order(s)

In the Matter of Egan-Jones Ratings Company and Sean Egan – Release No. 34-66854 (Apr. 24, 2012)
In the Matter of Egan-Jones Ratings Company and Sean Egan – Release No. 34-68703 (Jan. 22, 2013)
In the Matter of Egan-Jones Ratings Company – Release No. 34-83610 (July 9, 2018)
In the Matter of Egan-Jones Ratings Company – Release No. 34-84530 (Nov. 2, 2018)
In the Matter of Egan-Jones Rating Company and Sean Egan – Release No. 34-95127 (June 21, 2022)

Fitch Ratings, Inc.

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-56509 (Sept. 24, 2007)

Form NRSRO

Fitch, Inc. Form NRSRO (external link)

HR Ratings de México, S.A. de C.V.

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-68160 (Nov. 5, 2012)
Order Granting Class of Credit Ratings Addition(s) – Release No. 34-79382 (Nov. 23, 2016)

Form NRSRO

HR Ratings de México, S.A. de C.V. Form NRSRO (external link)

Japan Credit Rating Agency, Ltd.

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-56510 (Sept. 24, 2007)
Notice of Effectiveness of Class of Credit Ratings Withdrawal(s) (Dec. 2, 2010)

Form NRSRO

Japan Credit Rating Agency Ltd. Form NRSRO (external link)

Exemption Order(s)

Order Granting Temporary Conditional Exemption of Certain 15E(t) Requirements – Release No. 34-75747 (Aug. 20, 2015)
Order Granting Temporary Conditional Exemption of Certain 15E(t) Requirements – Release No. 34-83884 (Aug. 17, 2018)
Order Granting Temporary Conditional Exemption of Certain 15E(t) Requirements – Release No. 34-98590 (Sept. 28, 2023)

Kroll Bond Rating Agency, Inc. (formerly known as Lace Financial Corp.)

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-57300 (Feb. 11, 2008)

Form NRSRO

Kroll Bond Rating Agency, Inc. Form NRSRO (external link)

Exemption Order(s)

Order Granting Temporary Exemption of LACE Financial Corp. from the Conflict of Interest Prohibition in Rule 17a-5(c)(1) – Release No. 34-57301 (Feb. 11, 2008)
Order Granting Temporary Exemption from Rule 17g-5(c)(1) – Release No. 34-65339 (Sept. 14, 2011)
Order Granting Temporary Exemption from Rule 17g-5(c)(1) – Release No. 34-71220 (Dec. 31, 2013)
Order Granting Temporary, Limited, and Conditional Exemption from Rule 17g-5(c)(1) – Release No. 34-76129 (Oct. 13, 2015)

Administrative Proceeding Order(s)

In the Matter of LACE Financial Corp. and Barron Putnam – Release No. 34-62834 (Sept. 2, 2010)
In the Matter of Damyon Mouzon – Release No. 34-62835 (Sept. 2, 2010)
In the Matter of Damyon Mouzon – Release No. 34-63280 (Nov. 9, 2010)
In the Matter of Kroll Bond Rating Agency, LLC – Release No. 34-90036 (Sept. 29, 2020)
In the Matter of Kroll Bond Rating Agency, LLC – Release No. 34-90037 (Sept. 29, 2020)
In the Matter of Kroll Bond Rating Agency, LLC – Release No. 34-98654 (Sept. 29, 2023)

Moody's Investors Service, Inc.

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-56511 (Sept. 24, 2007)

Form NRSRO

Moody’s Investors Service, Inc. Form NRSRO (external link)

Administrative Proceeding Order(s)

In the Matter of Moody's Investors Services, Inc. – Release No. 34-83965 (Aug. 28, 2018)
In the Matter of Moody's Investors Services, Inc. – Release No. 34-83966 (Aug. 28, 2018)

S&P Global Ratings (formerly known as Standard & Poor's Ratings Services)

Registration Order(s) and Notice(s)

Order Granting Registration – Release No. 34-56513 (Sept. 24, 2007)

Form NRSRO

S&P Global Ratings Form NRSRO (external link)

Administrative Proceeding Order(s)

In the Matter of Standard & Poor's Ratings Services – Release No. 34-74103 (Jan. 21, 2015)
In the Matter of Standard & Poor's Ratings Services – Release No. 33-9705 (Jan. 21, 2015)
In the Matter of Standard & Poor's Ratings Services – Release No. 33-9704 (Jan. 21, 2015)
In the Matter of Francis Parisi – Release No. 33-10050 (Mar. 7, 2016)
In the Matter of Barbara Duka – Release No. 34-84923 (Dec. 21, 2018)
In the Matter of S&P Global Ratings – Release No. 34-96308 (Nov. 14, 2022)