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)

Solution to the agency conflict, Solution to the Agency Conflict The g...

Solution to the Agency Conflict The government can acquire the following actions to protect itself and its interests. 1. Acquire monitoring costs E.g. the gover

Lock-box system, Lock-Box System In a lock-box system, the customer se...

Lock-Box System In a lock-box system, the customer sent the payments to a post office box. The post office box is emptied with the firm's bank at minimum once or twice all bus

Central bank - banking institutions, Central Bank - Banking Institutions ...

Central Bank - Banking Institutions This is a bank which is entrusted along with the responsibility of keeping economic stability and financial soundness of a country.  Theref

Explain the method of offer of sale, Explain the method of Offer of Sale ...

Explain the method of Offer of Sale Method of offer of sale consists in outright sale of securities through intermediary of issue houses or share brokers. In other words, sh

Weaknesses of wacc as discounting rate, Weaknesses of WACC as Discounting R...

Weaknesses of WACC as Discounting Rate WACC/Overall cost of capital has the following problems like a discounting rate as:  It can simply be used as a discounting

Making income statements, i have the information given but i am having trou...

i have the information given but i am having trouble getting the income statement done correctly

Development of plastic money in middle asia, Development of Plastic Money i...

Development of Plastic Money in Middle Asia Motive behind the Fast Development of This Finance (Plastic Money) In Middle Asia a) High incidences of fraud via dishonest empl

Fiscal function, should be provied on a centralised or a decentralised basi...

should be provied on a centralised or a decentralised basic?

Common Stock Valuation, Bates, inc. pays a dividend of $1.25 and is current...

Bates, inc. pays a dividend of $1.25 and is currently selling for $36.95. If investors require a 12% return on their investment, what growth rate would Bates Inc. have to provide t

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