Which of the following would best be described as a self-regulatory organization (SRO)?
A) NASDAQ OMX
B) Federal Reserve Board
C) Securities and Exchange Commission (SEC)
D) Financial Industry Regulatory Authority (FINRA)

Question

Quizplus · Accepted Answer

The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization (SRO) that governs member brokerage firms and exchange markets, operating under the supervision of the Securities and Exchange Commission (SEC).

Which of the Following Would Best Be Described as a Self-Regulatory