Net worth requirements for capital market intermediaries differentiate registration categories and impose a transition deadline for existing custodians. Net worth requirements for capital market intermediaries are prescribed by category. Broker dealers acting as trading members, clearing members and ... Summary
Net worth requirements for capital market intermediaries differentiate registration categories and impose a transition deadline for existing custodians.
Net worth requirements for capital market intermediaries are prescribed by category. Broker dealers acting as trading members, clearing members and depository participants must maintain the net worth specified by the relevant recognised stock exchange, recognised clearing corporation and depository. Custodians must maintain USD 1 million, and existing custodians required to infuse or earmark additional funds under the revised threshold must comply by June 30, 2026.
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