JUDICIAL REVIEW AND THE SACRED COW OF SELF‐REGULATION

Abstract

In recent years there has been a series of decisions considering the extent to which the self‐regidatory 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 non‐intervention by the courts and suggests that the courts may be paying too much deference to self‐regulation.

Citation

MIDDLEBURGH, J. (1992), "JUDICIAL REVIEW AND THE SACRED COW OF SELF‐REGULATION", Journal of Financial Regulation and Compliance, Vol. 1 No. 1, pp. 113-115. https://doi.org/10.1108/eb024758