Net capital rule
id:
net-capital-rule-228-3911090
title:
Net capital rule
text:
The uniform net capital rule is a rule created by the U.S. Securities and Exchange Commission ("SEC") in 1975 to regulate directly the ability of broker-dealers to meet their financial obligations to customers and other creditors. Broker-dealers are companies that trade securities for customers and for their own accounts. The rule requires those firms to value their securities at market prices and to apply to those values a haircut based on each security's risk characteristics. The haircut value
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Net_capital_rule
date created:
2008-10-04T19:05:14Z
date modified:
2024-09-15T15:11:52Z
main entity:
{"identifier":"Q6998435","url":"https://www.wikidata.org/entity/Q6998435"}
image:
fields total:
13
integrity:
14