+ Follow MAGNUM SECURITIES AND RASHID HUSSAIN SECURITIES Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 142733
[Title] => No more voluntary suspension, SEC warns brokers
[Summary] => The Securities and Exchange Commission (SEC) has finalized the order disallowing stock brokers to go under voluntary suspension and instead requiring them to re-apply under stricter capitalization requirements.
In an en banc resolution, the SEC said registered brokers/dealers shall no longer be allowed to go under voluntary suspension, closing the door for other brokerage houses to go on leave at the PSE floor.
The last broker to apply for voluntary suspension was HSBC Securities, the local stock brokerage unit of the Hong Kong-based financial giant.
[DatePublished] => 2001-12-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 142268
[Title] => SEC no longer allows voluntary suspension of operations of brokers
[Summary] => The Securities and Exchange Commission (SEC) will make it even harder for brokerage companies to voluntarily suspend their operations at the Philippine Stock Exchange (PSE).
In a draft resolution, the SEC said it would no longer allow brokers to go on voluntary suspension, which means either they continue to operate – even at a loss – or cease their operations entirely and apply for re-registration if the need arises later.
[DatePublished] => 2001-12-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
MAGNUM SECURITIES AND RASHID HUSSAIN SECURITIES
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 142733
[Title] => No more voluntary suspension, SEC warns brokers
[Summary] => The Securities and Exchange Commission (SEC) has finalized the order disallowing stock brokers to go under voluntary suspension and instead requiring them to re-apply under stricter capitalization requirements.
In an en banc resolution, the SEC said registered brokers/dealers shall no longer be allowed to go under voluntary suspension, closing the door for other brokerage houses to go on leave at the PSE floor.
The last broker to apply for voluntary suspension was HSBC Securities, the local stock brokerage unit of the Hong Kong-based financial giant.
[DatePublished] => 2001-12-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 142268
[Title] => SEC no longer allows voluntary suspension of operations of brokers
[Summary] => The Securities and Exchange Commission (SEC) will make it even harder for brokerage companies to voluntarily suspend their operations at the Philippine Stock Exchange (PSE).
In a draft resolution, the SEC said it would no longer allow brokers to go on voluntary suspension, which means either they continue to operate – even at a loss – or cease their operations entirely and apply for re-registration if the need arises later.
[DatePublished] => 2001-12-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
