SRA stands for Self-Regulatory Organization, which is an entity that creates and enforces rules and standards for its members. These organizations operate in various industries, including finance, healthcare, and legal sectors, to ensure compliance and maintain ethical practices. By regulating their own members, SRA aims to protect the public interest and enhance the credibility of the profession. In the context of finance, an SRA may oversee activities such as trading, investment practices, and financial reporting. This helps to prevent fraud and misconduct while promoting transparency and accountability among financial institutions and their clients.