Self-Regulatory Organization (SRO) | Practical Law

Self-Regulatory Organization (SRO) | Practical Law

Self-Regulatory Organization (SRO)

Self-Regulatory Organization (SRO)

Practical Law Glossary Item 5-382-3813 (Approx. 2 pages)

Glossary

Self-Regulatory Organization (SRO)

A non-government organization that has statutory responsibility to regulate its own members through the adoption and enforcement of rules of conduct for fair, ethical, and efficient practices in its industry. FINRA, NYSE, and Nasdaq are examples of SROs for the securities industry.
For information on the role of SROs in securities offerings, see Practice Note, Registration Process: Regulatory Parties.