Brokerage capital requirements


Venture capital brokers are financial experts and advisers who assist companies in accessing the necessary start-up capital to fund product development and new business ventures. Working as a venture capital broker can be highly stressful and very lucrative. The Capital Requirements Directive IV (CRD IV) is an EU legislative package that contains prudential rules for banks, building societies and investment firms. Most of the rules in the legislation have applied since 1 January 2014. 10% of the Minimum Capital Requirement for reinsurance and composite Broker. Insurance Broker License fee Application for Insurance Broker Licenses shall is submitted along with the requisite fees as specified in Schedule I – Form D of these regulations. Evidence of Required Minimum Paid up Capital – N300,000,000 (Three Hundred Million Naira) (i.e. Bank balances, fixed asset or Investment in quoted Securities); Current Fidelity Insurance Bond covering at least 20% of the minimum paid-up capital as stipulated by the Commission’s Rules and Regulations; Sponsored Individuals and Directors § 402.2 Capital requirements for registered government securities brokers and dealers. (a) General rule. No government securities broker or dealer shall permit its liquid capital to be below an amount equal to 120 percent of total haircuts as defined in paragraph (g) of this section. For example, if you desire to review information about the licensing requirements governing Broker-Dealer and Agents, click on Subchapter II, and the licensing requirements for Broker-Dealer and Agent will appear on the screen. The following provisions of the Act specifically apply to Broker-Dealers and Agents of Broker-Dealers. BrokerCheck is a trusted tool that shows you employment history, certifications, licenses, and any violations for brokers and investment advisors.