Sentences with phrase «requirements than brokers»

In addition, Saxo Bank A / S as a European Licensed Bank comes under greater regulatory scrutiny and has higher solvency requirements than brokers which do not operate with a full banking license.

Not exact matches

Many brokers are well versed in alternative lending companies which have more flexible requirements and terms than other financing options

CherryTrade is supporting US accounts and, more than that, has great payment methods that go over the standard set of requirements for localized brokers.

Small Business Mergers Regulatory Exemption — Vote Passed (426 - 0, 6 Not Voting) The House passed the bill that would exempt brokers handling mergers and acquisitions from Securities and Exchange Commission registration requirements in cases in which the company being sold does not have any class of securities required to be registered with the SEC and in the prior fiscal year, the company's earnings, before interest or taxes, are less than $ 25 million or gross revenue is less than $ 250 million.

There's not much to knock at Schwab, but customers who go beyond its low - fee fund options may experience sticker shock, and the minimum investment requirement, while still low, is higher than at many other brokers.

Note it is because ETX Capital is a market maker that entry requirements and minimum bet sizes are lower than traditional ECN brokers.

Sometimes, brokers will impose higher margin requirements than mandated to prevent the above eventuality.

I am not sure what role, if any, I had in this, but I was just informed by Shannon Paul, the Communications Manager of PEAK6 Online, the parent company of OptionsHouse, that the discount online broker has dropped the $ 100 cash reserve requirement (that's different than account minimum, which is $ 1,000 to open an account) for investors to use the broker to make a trade.

Commodity brokers may have higher qualification requirements for futures accounts than exist for securities accounts.

The requirement for the broker to report basis applies only to covered shares, which for DRIPs generally means shares acquired after 2011, so if your DRIP investments go back farther than that, determining basis on the older shares will be your responsibility.

Interactive Brokers margin requirement for shares trading at less than $ 2.50 is $ 2.50.

What makes a margin stock purchase different than standard purchases is that the amount loaned by the broker has what is called a margin requirement.

These rules impose additional sales practice requirements on broker - dealers that recommend the purchase or sale of penny stocks to persons other than those who qualify as «established customers» or «accredited investors.»

It also isn't the same as simplified issue life insurance, explains Samuel R. Price, an independent insurance broker with Assurance Financial Solutions in Birmingham, Ala. «Simplified issue means that there is no requirement for a physical exam, but your expectation is that you're going to pay more in premium than someone who went through full underwriting,» he says.

Rather than attempting to eliminate limited - service brokers by advocating legislation imposing minimum - service requirements, we should examine the forces driving consumers so as to determine what we can do as an organization and as individual practitioners to provide more value and better service to consumers.

Educational requirements in Colorado more than doubled, from 72 hours for the former salesperson license to 168 for the new single broker license, but applications haven't suffered.

(a) The Council will waive the licensing course and examination, and experience requirements for broker relicensing if the applicant has been unlicensed for less than five (5) years before the date of application.

Some courts require strict compliance with such statutory requirements, while others will settle for something less than perfection if the broker can show substantial compliance.

If the brokerage is contracted to provide monthly accounting statements (other than the requirements laid out within the Council Rules), request that the brokerage receive regular statements from the other financial institution / broker in order to report the strata corporation's complete financial position.

The lender recognizes that the borrower «could» be taking home more money than the IRS taxes, however, during the housing bubble of the 2000s many brokers used «no doc» loans as a tool to qualify a borrower even though they knew the borrower did not meet income requirements (thus the name «liar's loan» came to be).

(Sec. 32920) Prohibits any person (other than a non-vessel-operating common carrier or ocean freight forwarder providing brokerage services as part of an international through movement involving ocean transportation between the United States and a foreign port) from providing interstate brokerage services unless the person: (1) is registered and in compliance with federal broker registration requirements, and (2) has satisfied federal financial security requirements.

A mortgage broker commenter asserted that providing a list of settlement services that a borrower may shop for, rather than a list of providers of the services, would be a more appropriate requirement because it should not be a creditor's responsibility to provide a borrower with a list of providers.

In addition, the final rule requires creditors and mortgage brokers to retain documentation sufficient to show their supervisory agencies that one of the exceptions applies whenever a cost for a service provided by a company that is owned by or affiliated with the creditor proves to be higher than estimated in the Loan Estimate in excess of the tolerances under § 1026.19 (e)(3) and a revised Loan Estimate is provided, similar to the current document retention requirements under Regulation X for when the RESPA GFE is reissued.