NASD Rule 2790
What is 'NASD Rule 2790' A ruling passed by the National Association of Dealers (NASD), a self-regulating organization, prohibiting certain individuals from performing trades in hot-issue Initial Public Offering (IPO) equity. The rule was enacted in March of 2004, and is designed to help make the IPO market more equitable for all traders and dealers involved. ...
ABCD Counties
What is 'ABCD Counties' Categories of U.S. counties devised by AC Nielsen Company that are based on U.S. Census Bureau population data and proximity to major metropolitan areas. A counties are the largest U.S. counties by population, and D counties are the smallest. Counties are classified on the basis of data from the latest census, which takes...
Maastricht Treaty
What is the 'Maastricht Treaty' The Maastricht Treaty is the treaty that is responsible for the creation of the European Union, signed in Maastricht, a city in the Netherlands. The Maastricht Treaty was signed on February 7, 1992, by the leaders of 12 member nations, and it reflected the serious intentions of all countries to create a...
D-Mark
DefinitionMarcos Ligero, better known as D-Mark, is a Spanish Electronic Dance Music DJ, musician and producer. Starting with the music as a hobby in the late 90s and at the early age of 13 he became an enthusiast of the dance music genre of the moment, and passed to be a mere follower to become a producer even before...
AAA
What is 'AAA' AAA is the highest possible rating assigned to an issuer's bonds by credit rating agencies. An AAA-rated bond has an exceptional degree of creditworthiness, because the issue can easily meet its financial commitments. The ratings agencies Standard & Poor's (S&P) and Fitch Ratings use the AAA to identify bonds with the highest credit quality,...
New Nationwide Survey Exposes Stimulus Myth
RALEIGH, NC (Finance Reference Data Insights) -- A new, nationwide study of United States adults casts doubts on the potential effectiveness of the new stimulus bills considered by Congress and the new administration. When asked how they would spend the stimulus, Americans buy and large said they would sit on the money, so to speak, rather than use it...