Regulatory Economics

Dear all,

One portion of the Regulatory Economics’ chapter is very unclear to me. Can someone please define and give examples on what are and what differentiate:

Independent regulators that are SROs

Independent regulators that are not SROs

SROs that are not independent regulators (are they “outside bodies” like FASB?)

Government agencies

Thank you all, and good luck to all of us preparing for Saturday’s exam!