International Organization of Securities Commissions(redirected from International Organization for Securities Commissions)
International Organization of Securities Commissions
An international organization consisting of most security regulators in the world. For example, the SEC is a member of IOSCO. Other regulators, such as the CFTC, and self-regulatory organizations, such as the NYSE, may also participate in IOSCO, but not as full members. IOSCO seeks to provide an open forum for members and to establish a general framework for worldwide securities regulation, while also respecting the right of each country to regulate its own markets.
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International Organization of Securities Commissions (IOSCO)
An association of securities commissions and similar bodies with responsibility for securities regulation in their home countries. IOSCO promotes the development and efficiency of securities markets and encourages cooperation in the establishment and maintenance of regulatory standards relative to world securities and futures markets. The IOSCO Secretariat is permanently based in Madrid, Spain.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.