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SOCIETY OF UTILITY AND REGULATORY FINANCIAL ANALYSTS | ||
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The Society is a non-profit corporation, founded in 1977 by financial analysts
representing a cross-section of the regulatory process. These financial analysts
representing government, the financial community, industry and academia founded
the National Society of Rate of Return Analysts (NSRRA). The Society’s 1st Financial
Forum, held on October 21, 1977, addressed such issues as "Risk Evaluation and Measurement",
"measuring and rewarding Efficient" and "Approaches to Rate of Return Determination".
The objectives of the new Society were outlined by John J. McGrath,
the luncheon speaker who stated: | ||
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Rate of Return analysis, as defined in the Society’s Constitution,
is the "study of economic, financial and other pertinent facts and forecasts
for the purpose of appraising risk and reflectively determining an appropriate
level of profitability or rate of return on investment in regulated
and non-regulated industries." |
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The aim of the Society is to discuss and disseminate concepts and practices
in the application of rate of return analysis, to promote the education and
understanding of rate of return analysis, and to foster a high standard of
ethics for members. |
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In 1996, the name of the Society was changed to the Society of Utility and
Regulatory Financial Analysts --- SURFA. | ||
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Despite the name change, more than thirty years later, SURFA is a
highly-respected and widely-recognized organization whose objectives continue
to remain the same. | ||
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To advance and foster these objectives, SURFA presents an annual Financial Forum
on a variety of topics related to rate of return analysis and sponsors the
Certified Rate of Return Analyst Program. | ||
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Contact Us Society of Utility and Regulatory Financial Analysts, © 2011 | ||