from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the
regard, in case the intermediary has raised its capital after the date of the latest financial statement, the amount of raised capital could be summed up to shareholders’ equity. 1 The regulations
statement, audited by auditor, in positive position. In this regard, in case the intermediary has raised its capital after the date of the latest financial statement, the amount of raised capital could be
regard, in case the intermediary has raised its capital after the date of the latest financial statement, 1 The regulations concerning net capital rules hereby refer to: (1) The Notification of Securities
office continues, the Office shall have the power to instruct the securities company to rectify, undertake, or refrain from undertaking any act to comply with this notification, or shall have the power to
shall have the power to instruct the securities company to rectify, undertake, or refrain from undertaking any act to comply with this notification, or shall have the power to revoke the approval of such
shall have the power to instruct the derivatives broker to rectify, undertake, or refrain from undertaking any act to comply with this notification, or shall have the power to revoke the approval of such