With only a history of ten years more, China's securities industry has many disadvantages compared with that of the developed countries.
China is aware of the above weaknesses and is continually adjusting to enhance and enlarge the securities industry.
Chapter Two is a business and financial review of China's securities companies.
Chapter Five breaks down the business revenues of securities brokerages and illustrates the changes in revenue structure over time.
The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities
Exchange Act of 1934.
Midas Securities has recently developed the architecture of Quote and Order servers to implement the interface with Korean securities firms' existing trading platforms.
Lee, President and CEO of Midas Securities, "This development allows Korean securities companies to access U.
2 trillion in securities, or about 12% of total investments in the U.
Last spring, the National Association of Insurance Commissioners' Securities Valuation Office--which is charged with evaluating the quality of insurance company investments--made a ruling that dampened the investment market for hybrid securities for six months, causing the value of investments held by life insurers to fall $1 billion in value.
The auditor may need special skill or knowledge to plan and perform auditing procedures for certain assertions about derivatives and securities.
Obtaining an understanding of an entity's information system for derivatives and securities, including services provided by a service organization, which may require that the auditor have special skill or knowledge with respect to computer applications when significant information about derivatives and securities is transmitted, processed, maintained, or accessed electronically.
As banks have been expanding the level of securities
services they make available to their customers, attention is being focused again on the express exemptions the Congress has provided for banks from the framework in the securities
laws that govern nonbank securities
Residual interest securities
receipts series PT-2266;
Information technology and insurance traditionally have not been mentioned in the same breath--at least not nearly as often as high technology has been associated with the securities
industry or the banking industry.
Except for historical information and discussions contained herein, certain statements included in this press release may constitute "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995.