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NRSRO

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AcronymDefinition
NRSRONationally Recognized Statistical Rating Organization


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? References in periodicals archive
If a security is not rated by an NRSRO, the SVO will value and classify the security as debt, preferred equity or common equity.
NRSRO status was obtained by requesting a staff no-action letter from the SEC.
A position (but not a residual interest) maintained in connection with a securitization and that is not rated by a NRSRO may be risk-weighted based on the bank's determination of the credit rating of the position, as specified in the table below, multiplied by the face amount of the position.
 
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