Connect with us +91 966 777 9615
All types of broker-dealers (“BD”) face a standard requirement, namely the concept of regulatory net capital; however, depending on the type of business involved in BD, the threshold may vary significantly. Generally, BD can be divided into two categories: those that “carry customer accounts” and those that “do not carry customer accounts.” The term “carry
Learn More
Introduction The Foreign Exchange Management Act (FEMA) is the critical piece of legislation in India, regulating foreign exchange transactions, investments, and payments. It encompasses various aspects of international financial dealings, including the requirement for companies to submit a mandatory Annual Performance Report (APR). It was introduced in 1999 to replace the previous Foreign Exchange Regulation
Learn More
Broker-dealers in the United States are an integral part of the market. They act as intermediaries that bring buyers and sellers together in the market. The broker-dealer has many financial responsibilities, ranging from ensuring integrity in transactions to protecting client assets. Their role is highly regulated to ensure adequate stability within the markets, the protection
Learn More
Broker-Dealer Industry There are approximately 3,400 brokers and dealers (“broker-dealers”) registered with the U.S. Securities and Exchange Commission (SEC). These broker-dealers are required to submit their annual reports to the SEC, which must include their financial statements and supporting schedules, along with audit reports prepared by PCAOB-registered public accounting firms. Role of PCAOB The PCAOB
Learn More
Exploring the financial world can feel a bit overwhelming, especially with the various forms and filings that regulatory agencies require. The U.S. Securities and Exchange Commission (SEC) is one of the key agencies that ensure transparency and fairness in the securities markets. A solid understanding of these different SEC forms is crucial for investors and
Learn More
