What is the eligibility criteria for securing the different categories of membership within IOSCO? Describe.

Answer 2A(iii) There are three categories of membership within IOSCO which are designed to the different approaches to securities markets regulation while also ensuring that those with an interest in the regulation of securities markets are also involved in the debate on securities market issues. The three categories are: Ordinary - This category is open to a securities commission, or a similar government or statutory regulatory body that has primary responsibility for securities regulation in its jurisdiction. If there is no governmental, or statutory, regulatory body in a jurisdiction then a self-regulatory body, such as a stock exchange, in that jurisdiction is eligible for ordinary membership of IOSCO. Associate - This category is open to a public regulatory body with jurisdiction in the subdivisions of a jurisdiction if the national regulatory body is already an ordinary member; and any other eligible body with an appropriate responsibility for securities regulation. Affiliate - A self-regulatory body (SRO), or an international body, with an appropriate interest in securities regulation is eligible for this category of membership.