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No limit on securities firm number.
(From The Saigon Times Daily)
Byline: Anh Minh
(SGT-HANOI) The State Securities Commission (SSC) will not restrict the number of newly-established securities companies at a time many enterprises have shown the intention of setting up their own securities arms, said an official.
"The SSC won't limit the number of newly-established securities companies but will consider the real conditions of corporate applicants and the demand of the market to make its decision," Tran Cao Nguyen, head of the commission's Market Development Division, told the Daily.
A recent survey conducted by the SSC among 200 enterprises shows that 39 of them have wanted to set up securities arms.
Another SSC report said that eight of nine operational ...
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