wazua Sun, Jan 12, 2025
Welcome Guest Search | Active Topics | Log In | Register

Collapsed Brokerage firms & Investor compensation.
Boris Boyka
#1 Posted : Sunday, March 22, 2015 7:38:26 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
www.businessdailyafrica....26/-/16wrot/-/index.html
Quote:
Over 10,000 investors are yet to lodge claims
for compensation from Discount Securities
nearly six years after the stockbroker
collapsed, regulators say.

why can't they publish the list in dailies for those unaware to be informed.
Quote:
Investors whose money is held up when a
stockbroker collapses are compensated
through the Investor Compensation Fund. An
investor can receive up to a maximum
compensation amount of Sh50,000 as provided
for under the law.

Sad
Quote:
Other firms that ran into trouble in the last
decade include Ngenye Kariuki (2010), Nyaga
Stockbrokers (2008), Francis Thuo (2007) and
Shah Munge (2003). Ngenye Kariuki exited
statutory management in 2011.
Those names!! Pray
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.