US legislation that provided for comprehensive changes to the framework of financial regulation in the US following the crisis of 2007--08. Named after its sponsors, Senator Chris Dodd and Representative Barney Frank, the act introduced new capital requirements and risk limits for banks and created new government agencies to oversee consumer protection and the regulation of financial institutions and credit-rating agencies.
The term 'Not Rated (NR)' is an indication used by securities rating services like Standard & Poor's (S&P) and Moody's, as well as mercantile agencies such as Dun & Bradstreet, to show that a security or a company has not been rated. This designation carries neither positive nor negative implications.
The classification of stocks and bonds according to risk, issued by Standard & Poor's Corporation. S&P's ratings range from Investment Grade for low-risk investments to speculative grades for higher-risk investments.
