Twenty-four stockbroking firms failed to make the final list of capital market operators (CMOs) that met the new minimum capital requirement stipulated by the Securities and Exchange Commission (SEC). SEC had in 2013 announced a new minimum capital requirement for all categories of market operators in pursuant to Section 313(6) of the Investments and Securities […]
Capital adequacy: 24 stockbroking firms fail to make SEC’s final list
...Continue to read