designated self-regulatory organization (DSRO)

Definition of "designated self-regulatory organization (DSRO)"
  1. The self-regulatory organization appointed with primary responsibility for enforcing minimum financial and reporting standards for a futures commission merchant that is a member of multiple such organizations, upon an agreed plan and approval by the Commission
How to use "designated self-regulatory organization (DSRO)" in a sentence
  1. The DSRO carried out its duties diligently, ensuring the financial requirements of its members were met.
  2. The futures commission merchant was overseen by its DSRO, holding them to the financial standards required.
  3. The Commission approved the new DSRO plan for supervising the multiple-member futures commission merchant.

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