### Question
What does rules of a self-regulatory organization mean?


### Answer
**Rules of a self-regulatory organization** has the following meaning in *15 U.S.C. § 78c*:

> the rules of an exchange which is a national securities exchange, the rules of an association of brokers and dealers which is a registered securities association, the rules of a clearing agency which is a registered clearing agency, or the rules of the Municipal Securities Rulemaking Board

#### Citation:
  - *15 U.S.C. § 78c*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

