SEC Rule 17g-5 requires issuers of asset-backed securities to maintain a secure website where Nationally Recognized Statistical Rating Organizations (NRSROs) can access deal documents. Engineered for the rule, our platform automates compliance — providing secure hosting, controlled access, immutable audit trails, and the documentation you need for regulatory examinations.
Deploy your 17g-5 site in 48 hours.
SEC Rule 17g-5 promotes transparency and competition in credit ratings for structured finance products by requiring issuers to provide equal access to deal information.
Issuers and underwriters of asset-backed securities must maintain a password-protected website containing information provided to the hired NRSRO — enabling non-hired NRSROs to access the same materials and issue unsolicited ratings.
Any issuer, sponsor, or underwriter of structured finance products seeking credit ratings from an NRSRO. This includes auto ABS, CLOs, RMBS, CMBS, credit card ABS, equipment ABS, and other securitization structures.
The hired NRSRO cannot issue or maintain a credit rating if the 17g-5 website requirement isn't met. Non-compliance can delay or derail deal closings and expose issuers to regulatory scrutiny.
Everything you need for 17g-5 compliance in one secure platform.
Password-protected NRSRO access. All documents encrypted at rest and in transit on enterprise-grade infrastructure.
Self-service registration with automated credential management. Grant or revoke access instantly per deal.
Timestamped logs of every upload, download, and access event. Generate compliance reports on demand for SEC examinations.
Separate workspaces per transaction with structured folders for offering documents, pool data, and servicer reports.
Alert registered NRSROs when new documents are posted. Configurable notifications keep agencies informed.
Each deal gets a unique email address. CC it on all NRSRO communications — we capture, organize, and notify all other NRSROs automatically. No portal login required.
Per-deal pricing with no hidden fees. Every deal includes full platform access, SSO integration, and compliance tooling.
One-time structural setup per deal
$2,000/year billed monthly per deal
When 17g-5 compliance is paired with TRC's ESMA or FCA reporting services, pricing is customized to your portfolio.
Contact SalesCapture oral and written communications with rating analysts. Monthly compliance reminders ensure nothing falls through the cracks.
Automatically verify that non-hired NRSROs have filed their annual SEC certification before granting access to deal documents.
Flag non-hired NRSROs accessing more than 10 deals without issuing a rating — a high-level compliance shield for your organization.
We configure your dedicated 17g-5 portal with secure access controls and deal workspaces tailored to your issuance structure.
Upload documents directly or CC your deal's unique email address. All uploads are logged with timestamps.
Registered rating agencies receive credentials and notifications. Full visibility into who accesses what — ready for any audit.
SEC Rule 17g-5 is a regulation under the Credit Rating Agency Reform Act that requires issuers of asset-backed securities to maintain a secure website where all Nationally Recognized Statistical Rating Organizations (NRSROs) can access deal information. The rule promotes competition and transparency in credit ratings by ensuring non-hired rating agencies have equal access to transaction data.
Any structured finance product for which an issuer, sponsor, or underwriter seeks a credit rating from an NRSRO requires 17g-5 compliance. This includes auto loan ABS, credit card ABS, CLOs, RMBS, CMBS, equipment finance ABS, student loan ABS, and other securitization structures.
All information and documents provided to the hired NRSRO must be posted to the 17g-5 website. This typically includes offering documents (prospectus, prospectus supplement), pool-level data files, servicer reports, deal performance data, legal opinions, and any other materials relevant to the credit rating analysis.
Most clients are fully operational within 48 hours. We handle all technical setup, configure your deal workspaces, and provide training for your team. For complex implementations with custom workflows, deployment typically takes 1-2 weeks.
NRSROs can self-register through our secure portal. They provide their organization credentials and contact information, which we verify before granting access.
Our platform generates comprehensive audit reports showing all document uploads, downloads, and access events with timestamps. These reports are designed for SEC examinations and internal compliance reviews. You can export reports on demand or schedule automated delivery.
Each deal receives a unique email address. Simply CC that address on all communications with the hired NRSRO — we automatically capture and organize the documents, then notify all other registered NRSROs. No need to log into the portal.
Yes. Please contact your account manager or email sales@thereportingco.com.
Ready to simplify your 17g-5 compliance? Our team is here to help.
Whether you're launching a new securitization program or looking to streamline existing compliance workflows, we'll design a solution that fits your business.