CMIC, a self-regulatory organization
and the primary regulator of the trading participants of the Philippine Stock Exchange (PSE), initiated the petition before the SEC on Aug.
In essence the PCAOB is treated, in many respects, as if it were a self-regulatory organization
under the securities laws.
It also covers the requirements of federal securities laws and regulations, court decisions, self-regulatory organization
rules, and NIRI disclosure guidelines.
This compact paperback guide -- published by CCH, a provider of securities and business law information and software -- discusses federal securities laws and regulations, court decisions, self-regulatory organization
rules and National Investor Relations Institute guidelines that companies need to access, understand and act upon to minimize the risks of noncompliance.
Lloyd's has long been its own regulator, but will cease to be a self-regulatory organization
within 12 months.
The commission imposed a formal censure on the National Association of Securities Dealers, the self-regulatory organization
that oversees the Nasdaq market.
A former SEC commissioner spoke of the desirability of a statutorily based self-regulatory organization