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)

Explain mechanics of security trading in stock exchange, Explain Mechanics ...

Explain Mechanics of security trading in Stock Exchange Introduction: An investor should have some knowledge of how the securities markets operate. Marketing of old or new se

Assignment, what are the difference between receipt and payment account and...

what are the difference between receipt and payment account and income and expenditure account ?

Hull-white model, Hull-White model As an extension of the Vasicek model...

Hull-White model As an extension of the Vasicek model, Hull-White model (1990) assumed that the short interest rate process follows the mean-reverting stochastic differential e

Commercial bank for short term loans, Commercial Bank for Short Term Loans ...

Commercial Bank for Short Term Loans Purpose Why Commercial Banks Prefer To Lend Short Term Loans a) Long-term forecasts are not only difficult although also vague as unc

Calculate break-even point and profit, Volpe Corporation produces class ri...

Volpe Corporation produces class rings to sell to college and high school students. These rings sell for $75 each, and cost $30 each to produce. Volpe Corporation has fixed costs o

Annual percentage rate, A current radio advertisement states that the avera...

A current radio advertisement states that the average American household has an average credit card debt of $25,000. Based on an APR (Annual Percentage Rate) of 18% (common for cre

Conditions for lease finance, Conditions for Lease Finance Lease finan...

Conditions for Lease Finance Lease finance is ideal within the following circumstances: a) Whenever the asset depreciates faster. b) Whenever the asset is matter to obso

Advantages of overdraft finance, Advantages of Overdraft Finance ...

Advantages of Overdraft Finance 1. It is useful in financial crisis such an accountant cannot forecast because of abrupt fall in profits so liquidity problems. 2. In

Terms used in capital market authority, Terms used in Capital Market Author...

Terms used in Capital Market Authority 1. ACCOUNTS fourteen (14) days durations into that the stock exchange trading calendar is divided. 2. ACCOUNTS DAY - Sixth or sev

Asset based valuation - example, Asset Based Valuation - Example K and...

Asset Based Valuation - Example K and K Company Limited is planning to absorb three other companies so as to realize its sales records of Sh.500, 000 per annum.  Its accountan

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