Self-Regulatory Organization (SRO).

A self-regulatory organization (SRO) is an organization that regulates its members in order to protect investors and the integrity of the market. SROs are typically industry-sponsored, and they have the authority to create and enforce rules that govern their members. The most well-known SRO in the United States is the Financial Industry Regulatory Authority (FINRA). … Read more

What Is Nonlinearity?

In mathematics, a nonlinear function is a function that is not a linear function. That is, a function that is not of the form f(x)=ax+b. Nonlinear functions can be described in many ways. They can be continuous or discontinuous, convex or nonconvex, smooth or nonsmooth, and so on. Nonlinear functions arise naturally in many areas … Read more