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self-regulatory organization (K2, L5)<br />An organization set up by a profession or group of specialist financial traders to regulate the conduct of its members instead of being subject to direct governmental controL In the UK, examples of these organizations include LLOYD'S, the SECURITIES AssociATION, AFBD, Fimbra, IMRO and LAUTRO.<br /><em>See also:</em> Financial Services Act; regulation
contract compliance (HO, J7)<br />Obeying the terms and conditions of governmental contracts awarded to private sector firms. This approach has often been used, especially in the USA, as a means of advancing employment policies, e.g. the employment of women, blacks and disabled persons.<br /><em>See also:</em> Fair Wages Resolution
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<strong>Variable rate</strong> – An interest rate that varies over time and generally has a specified maximum (cap). Prior to July 1, 2006, interest rates on FFEL Program loans were variable with an 8.25% cap. (Beginning July 1, 2006, interest rates are now fixed rates, with the maximum established at 6.8% for Stafford Loans and 8.5% for FFEL Program PLUS Loans.)
<strong>NAICU</strong> – National Association of Independent Colleges and Universities.
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