### Question
What is the definition of nationally recognized statistical rating organization?


### Answer
The definition of **nationally recognized statistical rating organization** is as follows in *15 U.S.C. § 78c*:

> a credit rating agency that—


(A) issues credit ratings certified by qualified institutional buyers, in accordance with section 78o–7(a)(1)(B)(ix) of this title, with respect to—


(i) financial institutions, brokers, or dealers

#### Citation:
  - *15 U.S.C. § 78c*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

