Realpoint LLC has been granted Nationally Recognized Statistical Rating Organization (NRSRO) status by the Securities and Exchange Commission (SEC). Realpoint becomes the 10th bond-rating firm recognized by the SEC as an NRSRO and the only rating agency specializing in the structured-finance sector that uses a subscription-based investor model, as opposed to the traditional issuer-paid model.
‘We want to provide solutions to the problems that have been identified by the SEC, industry associations and investors under the current rating-agency structure. Realpoint gives investors truly independent, unbiased analysis and greater transparency of the process," says Rob Dobilas, president and chief executive of the company.
"The NRSRO designation and proposed regulatory changes by the SEC will help broaden Realpoint's capabilities and reach, and ultimately provide investors with more options when it comes to considering the credit quality of structured-finance investments," he adds.
Source: Realpoint
