Regulatory Alerts2020-10-13
Added · Updated
Introduction of Broker Administered Accounts on the Central Securities Depository
The Securities and Exchange Commission of Zimbabwe advises that investors opening securities accounts on the Central Securities Depository may appoint a licensed securities dealer, stockbroker, or custodian to act on their behalf. This notice confirms the availability of this option for investors seeking to utilize broker-administered accounts. Investors are directed to contact their securities dealers or Chengetedzai Depository Company Limited for further information.
20 York Avenue, Newlands, Harare, Zimbabwe, Tel: +263 4 776560, 776511, 776206, 776067, 776166 Fax: +263-4-776166 EMAIL: securitiescommission@seczim.co.zw www.seczim.co.zw
NOTICE NUMBER: SECZ-SS10/06/2016
NOTICE TO THE INVESTING PUBLIC
INTRODUCTION OF BROKER ADMINSTERED ACCOUNTS ON THE CENTRAL SECURITIES DEPOSITORY (CSD)
The Securities and Exchange Commission of Zimbabwe wishes to advise members of the investing public that investors who wish to open securities accounts on the Central Securities Depository (CSD) have an option to appoint a licensed securities dealer/ stockbroker or a custodian to act on their behalf on the CSD.
For further information, investors can contact their securities dealers/ stockbrokers or Chengetedzai Depository Company Limited.
Yours faithfully
T Chinamo Chief Executive Officer
Date 13 June 2016
Commissioners: W Bonyongwe (Chairman); P. Chitando; H. Nkomo; G. Manungo Chief Executive Officer: T. Chinamo