SRO. Non-government organization which has statutory responsibility to regulate...
An organization that has been given the responsibility and authority to regulate its members. Examples include the Investment Dealers Association, the Mutual Fund Dealers Association and Market Regulation Services Inc.
Organizations and associations, such as exchanges, the NASD, and MSRB, that set industry rules.
Any national securities or commodities exchange or registered securities association, or registered clearing agency. Such entities are responsible for regulating their members through the adoption and enforcement of rules and regulations governing the business conduct of their members.
An entity, such as the Investment Dealers Association and the Mutual Funds Dealers Association, with a regulatory arm that have the power to monitor and sanction their own members.
An organization that has been given the responsibility and authority to regulate its members. Examples include the Toronto Stock Exchange and the Investment Dealers Association.
An organization recognized by securities administrators as having powers to establish and enforce industry regulations to protect investors and to maintain fair, equitable and ethical practices in the security industry. Examples include the Ontario Securities Commission and the Investment Dealers Association.
Organizations that enforce fair, ethical, and efficient practices in the securities and commodity futures industries, including all national securities and commodities exchanges and the NASD.
Self-regulatory organizations are autonomous nonpublic bodies that regulate and monitor the behavior of affiliated participants in financial markets. Self-regulatory organizations may have formal powers delegated to them by financial agencies, and often have some form of relationship with public financial agencies. Examples of self-regulatory bodies include stock exchanges, commodity exchanges, and dealer associations for securities markets.
A trade group recognized by the SEC as capable of enforcing rules about fairness of the securities markets. Principal SRO's are the stock exchanges and the NASD.
Self-regulatory organizations (i.e., the futures exchanges and National Futures Association) enforce minimum financial and sales practice requirements for their members. Sell Also Designated Self-Regulatory Organization.
Exchanges and registered futures associations that enforce financial and sales practice requirements for their members. See Designated Self-Regulatory Organizations.
An entity that regulates its industry through the adoption and enforcement of rules governing the conduct of its members. The NASD is the largest SRO in the securities industry. Its mission is to bring integrity to the markets and confidence to investors.
A self-regulatory organization (SRO) is an organization that exercises some degree of regulatory authority over an industry or profession. The regulatory authority could be applied in addition to some form of government regulation, or it could fill the vacuum of an absence of government oversight and regulation. The ability of an SRO to exercise regulatory authority does not necessarily derive from a grant of authority from the government.