Thursday December 18 2014
News Source: Global Exchanges
Focus: Brokers
Type: General
Country: Jordan
Link: http://www.jsc.gov.jo/News/Nws_NewsDetails.aspx?Type=P&lang=3&Site_ID=1&NewsID=679
The Jordan Securities Commission has announced that it has revoked a decision it took earlier in 2009, and all related addendums thereto. The revoked decision required Brokerage firms to increase its capital to a minimum of JOD 10 million instead of JOD 750,000 for Public Shareholding Companies, and to the minimum of JOD 5 million instead of JOD 750,000 for limited liability companies and private shareholding companies.
Click link above for further details.