FINRA, in its oversight powers, is contemplating the imposition of a requirement of having insurance to cover payouts should the brokerage firm fail.
Industry
US to surpass Russian and Saudi Arabian production by 2015
According to the latest US Energy Information Administration report, the US would pass production levels of Russia and Saudi Arabia for oil and natural gas.
Saudization is not achievable according to the General Syndicate of Cars
Saudization, according to GSC Secretary General Marwan Zabidi, is a unachievable goal because of the lack of support structures for its realization.
US shutdown causes ripple effects
The US shutdown and its eventual break in the deadlock has been hoped by many countries as the effect has reached other bourses.
Despite Obama absence, Trans Pacific Partnership still a go
Identified as an integral part of US interests in Asia, the Trans Pacific Partnership is being outlined between the US and eleven other countries.
Latest News
The UK Civil Aviation Authority had recommended a cap on price increases, much to the chagrin of the Heathrow investment group.
The American Association of Physicians of Indian Origin and the American Heart Association Liaison Committee join in a programme on stroke and heart attack education in the US and in India.
According to a new research, European private equity buyouts reached USD 19.7 billion for the third quarter.
Qatar, according to the latest Global Financial Center Index or GFCI 14 from the Z/Yen Group, is the top financial center in the Middle East.
In a telephone interview, mortgage industry experts say that the shutdown would not only delay approvals but also put banks at risk as they work around the government's lack of services.
Many CEOs said that the extended budget impasse on health care reform would only result in greater problems such as loss of economic gains from the 2008 financial crisis.
According to HDFC Asset Management Co CEO Prashant Jain, the nation had already seen the worst of capital outflows.
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.
