Definition of "self-regulatory" []

• That regulates without external control or monitoring (adjective)

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• "WASHINGTON—The Supreme Court on Tuesday refused to consider an appeal that questioned whether the Financial Industry Regulatory Authority and other so-called self-regulatory organizations are immune from private lawsuits."
• "The Center for Digital Democracy is part of the Transatlantic Consumer Dialogue, a coalition of U.S. and European Union consumer and public-interest groups that called the self-regulatory program "inadequate" in a September letter to the FTC, and the Article 29 Working Party, a group of privacy watchdogs from the EU's 27 nations."
• "CME Group: The parent company of the Chicago Mercantile Exchange and New York Mercantile Exchange has responsibility as a self-regulatory organization, overseen by the CFTC, to monitor MF Global's futures trading operation, including customers' accounts"