In Your Interest
December 20, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria • Nigeria’s inflation rate rises to 34.6% in November 2024, highest in 28 years Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services across the country. This is according […]
December 20, 2024/US SEC Under the Broker-Dealer Customer Protection Rule, carrying broker-dealers—i.e., those broker-dealers that maintain custody of customer securities and cash—must have a special reserve bank account that holds “qualified securities” and/or cash in an amount determined by a weekly computation.[1] The idea is that if the broker-dealer fails, […]
December 20, 2024/US SEC The Securities and Exchange Commission today adopted amendments to Rule 15c3-3 (the customer protection rule) to require certain broker-dealers to increase the frequency with which they perform computations of the net cash they owe to customers and other broker-dealers (known as PAB account holders) from weekly […]