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                    [ArticleID] => 180869
                    [Title] => SEC to impose risk-based standards on stock brokers
                    [Summary] => The Securities and Exchange Commission will impose risk-based capital standards on stockbrokerage houses and investment houses to ensure that they have adequate capital to cover risks and meet contractual obligations.


The SEC’s Market Regulation Department, which oversees securities brokers, government securities dealers, and investment houses, is now working on the proposed risk-based capital standards to ensure the solvency of these entities.


The MRD said the capital adequacy scheme is particularly valid when the systemic cost of default may be unacceptably high.

                    [DatePublished] => 2002-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BASLE ACCORD

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                    [ArticleID] => 180869
                    [Title] => SEC to impose risk-based standards on stock brokers
                    [Summary] => The Securities and Exchange Commission will impose risk-based capital standards on stockbrokerage houses and investment houses to ensure that they have adequate capital to cover risks and meet contractual obligations.


The SEC’s Market Regulation Department, which oversees securities brokers, government securities dealers, and investment houses, is now working on the proposed risk-based capital standards to ensure the solvency of these entities.


The MRD said the capital adequacy scheme is particularly valid when the systemic cost of default may be unacceptably high.

                    [DatePublished] => 2002-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

SEC to impose risk-based standards on stock brokers

By Zinnia B. Dela Peña | October 22, 2002 - 12:00am

The Securities and Exchange Commission will impose risk-based capital standards on stockbrokerage houses and investment houses to ensure that they have adequate capital to cover risks and meet contractual obligations. The...

Business