Current NRSROs
Sept. 27, 2016
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.
- Clasificadora de Riesgo Pacific Credit Rating S.A.C. (PCR)
- 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)
Administrative Proceeding Order
- In the Matter of A.M. Best Rating Services, Inc. – Release No. 34-100902 (Sept. 3, 2024)
Clasificadora de Riesgo Pacific Credit Rating S.A.C. (PCR)
Registration Order(s) and Notice(s)
- Order Granting Registration Release No. 34-104540 (January 5, 2026)
Form NRSRO
- PCR - Pacific Credit Rating - 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)
Administrative Proceeding Order
- In the Matter of Demotech, Inc. – Release No. 34-100905 (Sept. 3, 2024)
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)
Administrative Proceeding Order
- In the Matter of Fitch Ratings, Inc. – Release No. 34-100903 (Sept. 3, 2024)
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)
Administrative Proceeding Order
- In the Matter of HR Ratings de México, S.A. de C.V. – Release No. 34-100904 (Sept. 3, 2024)
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 Service, Inc. – Release No. 34-83965 (Aug. 28, 2018)
- In the Matter of Moody's Investors Service, Inc. – Release No. 34-83966 (Aug. 28, 2018)
In the Matter of Moody's Investors Service, Inc., Inc. – Release No. 34-100906 (Sept. 3, 2024)
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 S&P Global Ratings – Release No. 34-100907 (Sept. 3, 2024)
- 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)
Last Reviewed or Updated: Jan. 12, 2026