Self-Regulatory Organization (SRO)
A non-governmental organization that has the power to create and enforce industry regulations and standards. The priority is to protect investors through the establishment of rules that promote ethics and equality. Investopedia Says:
Some examples of SROs include stock exchanges, the Investment Dealers Association of Canada, and the National Association of Securities Dealers in the United States. Related Terms:
Canadian Capital Markets Association - CCMA
Exchange
Industry
NASD Rule 2790
National Association Of Securities Dealers - NASD
National Associations Of Insurance Commissioners - NAIC
Regulatory Risk |