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LACE Financial specializes in issuing credit ratings of financial institutions. Founded in 1984, the company has been recognized as an impartial and innovative leader in providing credit rating services on approximately 19,000 domestic and international financial institutions, title insurers, trust preferred security issues, and foreign country sovereign ratings. LACE Financial does not accept compensation for its ratings and is therefore independent and unbiased when assigning credit ratings. Typical clients which use LACE Financial’s credit ratings include cash managers and treasurers of Fortune 500 companies, state municipalities and other government agencies, investment banks and portfolio managers. Each quarter, LACE Financial Corporation provides its clients with up-to-date credit ratings on all rated institutions.
Recent LACE Financial News
LACE Achieves NRSRO Status -
The SEC has approved LACE Financial’s (LACE) application to be a Nationally Recognized Statistical Rating Organization (NRSRO). The SEC registered LACE to rate financial institutions including insurance companies, corporate companies, asset-backed securities (CDO’s), foreign countries, and municipal governments. As such, LACE is seeking highly experienced individuals to head subsidiaries to rate municipal governments, insurance companies, and structured financial products, such as asset backed securities. This NRSRO designation provides LACE with various rating opportunities and we look forward to working with the SEC to provide a higher level of confidence as well as rating alternatives for investors.
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