Capital market authority (cma), Finance Basics

Assignment Help:

Capital Market Authority (CMA)

Was established in 1990 with an Act of Parliament to assist, in creation of a conducive environment, for growth and development of capital markets in US.

Role of CMA

1. To eliminate bottlenecks and generate awareness for investment in long term securities.

2. To serve as efficient bridge between the private and public sectors

3. Create an environment that will give confidence local companies to go public

4. To grant licenses and approvals to brokers

5. To control a compensation fund to protect investors from financial losses that must licensed brokers fail to meet their contractual obligation.

6. Act like a watchdog for the whole capital market system

7. To establish operational regulations and rules on placement of securities

8. To implement government programs and policies along with respect to the capital markets.


Related Discussions:- Capital market authority (cma)

Bills of exchange, Bills of Exchange Bills of Exchange are a source of...

Bills of Exchange Bills of Exchange are a source of finance in specifically in the export trade. A bill of swapping is an unconditional arrange in writing addressed via one pe

Calculate the current price of the common stock, Church Inc. is presently e...

Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of 25% f

Development banks and financial institutions, Development Banks and Financi...

Development Banks and Financial Institutions There are some sectors in the economy such may not secure adequate funds from commercial banks for different motives. a) May re

Types of partners, Types of Partners 1. General Partners -Unlimited ac...

Types of Partners 1. General Partners -Unlimited active and liability in participation in partnership activities. 2. Limited partners - Limited liability in the management of

Disadvantages of debt finance, Disadvantages of Debt Finance It is...

Disadvantages of Debt Finance It is a conditional finance that is it is not invested along with any approval of lender. Debt finance, whether used in excess may interr

What is nominal and real return, What is Nominal and Real Return Whi...

What is Nominal and Real Return While nominal return is the return in nominal rupees, real return is equal to the nominal return adjusted for changes in prices i.e. rate of

Fixed income securities, Fixed income security can be defined as the ...

Fixed income security can be defined as the financial obligation of an entity (known as the issuer), which promises to pay a specified amount of money on a pre-sp

Real Estate - Mortgage Prequalification, Bob and Jackie came to your bank s...

Bob and Jackie came to your bank seeking an FHA mortgage. They want to know how large a mortgage they would be qualified for and what the terms would be. Bob is a pastry chef (

Importance of working capital management, Importance of Working Capital Man...

Importance of Working Capital Management The finance manager must understand the management of working capital since of the following purpose: a) Time devoted to working c

What are depository institutions, What are depository institutions? Dep...

What are depository institutions? Depository institutions: intermediaries along with an important proportion of their funds derived through customer deposits as consists of: co

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd