Regulatory Alerts2019-04-26
Submission of Monthly Capital Adequacy Returns
The Securities and Exchange Commission requires all licensed dealers to submit monthly capital adequacy returns in a prescribed soft-copy format. These filings verify compliance with statutory net capital and liquidity margin thresholds, mandating immediate notification and trading suspension if requirements are breached. Returns must be emailed to the Commission by the tenth day of each month, with the initial filing due on 10 May 2019.
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