securities for which it is the service provider. This is to support the secured debt crowdfunding; (3) A bondholder representative is required to have a paid-up registered capital of at least 25
but only for the debt securities for which it is the service provider. This is to support the secured debt crowdfunding; (3) A bondholder representative is required to have a
covers draft operational procedures rules in case of failure to meet the requirement. The draft amendments aim to (1) support intermediaries in maintaining sufficient capital suitable for the nature of
Detailed Rules on Maintenance of Capital of Investment Advisors and Derivatives Advisors and Provisions in Case of Failure to Maintain Capital
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