In recent years there has been a series of decisions considering the extent to which the selfregidatory organisations SROs are amenable to judicial review. This briefing surveys those decision and highlights the restrictive nature of judicial review of SROs. The author discusses the reasons for nonintervention by the courts and suggests that the courts may be paying too much deference to selfregulation.
Journal of Financial Regulation and Compliance – Emerald Publishing
Published: Jan 1, 1992