Or are you going to manage each individual asset class actively, trying to beat the market and generate risk-adjusted excess returns?

还是积极管理每项资产,力求获得市场水平以上的回报率,以及风险调整后的超额收益

耶鲁公开课 - 金融市场课程节选

As I say, when the NAIC decides on some regulation, it's only a recommendation to the separate state regulatory commissions.

如前述,当NAIC就某项监管做出决议,对于各个州管理委员会而言,这只是一种建议

耶鲁公开课 - 金融市场课程节选

This number, CUSIP number, is a number that identifies any security.

USIP代码是所有美国股票及注册债券的编号由美国统一证券辨认委员会管理,用于区别每一项证券

耶鲁公开课 - 金融市场课程节选