Tuesday October 31 2017
News Source: Global Exchanges
Focus: Other
Type: General
Country: Brazil
Link: http://www.bmfbovespa.com.br/en_us/regulation/regulations-and-manuals/
On 30th October 2017, the Brasil, Bolsa, Balcão (B3) issued a new version of its Clearing House Laws.
The Laws provide clarity to investors on the role of the Central Clearing House, while also defining how the Guarantee Fund is to be used.
The Net Worth of the Fund is also defined in Article 18 as “being equal to the sum of cash and cash equivalents, plus the portfolio amount, plus receivables, less liabilities.”
For additional information please click the link above