Net Capital Rule definition

Net Capital Rule means Rule 15c3-1 promulgated under the Securities Exchange Act, including any successor rule under the Securities Exchange Act relating to net capital requirements of broker-dealers.
Net Capital Rule. Rule 15c3-1 under the Securities Exchange Act of 1934, as amended.
Net Capital Rule means Rule 15c3-1 under the Exchange Act.

Examples of Net Capital Rule in a sentence

  • Authorized firms may include primary dealers or regional dealers that qualify under Securities & Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule), and qualified depositories.

  • The Company is also subject to the SEC’s Uniform Net Capital Rule (Rule 15c3-1).

  • As a broker-dealer and member firm of the NYSE, the Company is subject to the Uniform Net Capital Rule (the “Rule”) of the Securities and Exchange Commission (“SEC”).

  • Qualify under Securities and Exchange Commission (SEC) Rule 15c3-1 (Uniform Net Capital Rule).

  • These may include primary dealers, depository banks, or regional dealers that qualify under Securities and Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule).


More Definitions of Net Capital Rule

Net Capital Rule means Rule 15c3-1 promulgated pursuant to the 1934 Act.
Net Capital Rule will mean SEC Rule 15c3-1, including all Appendices and all SEC and FINRA interpretive guidance thereto.
Net Capital Rule means, as applicable, Rule 15c3-1 promulgated under the Exchange Act, including any successor rule under the Exchange Act relating to net capital requirements of broker-dealers, and/or Rule 1.17 promulgated under the Commodity Exchange Act, including any successor rule under the Commodity Exchange Act relating to net capital requirements of FCMs and IBs.
Net Capital Rule means Rule 15c3-1, adopted by the Commission under the Securities Exchange Act of 1934, as amended from time to time.
Net Capital Rule has the meaning specified in Section 7.2(b)(i) hereof. The terms "aggregate indebtedness," "aggregate debit items," "secured demand note," "subordination agreements," and "net capital" are used as each is defined or otherwise given meaning in the Net Capital Rule.
Net Capital Rule means Rule 15c3-1 promulgated by the SEC.
Net Capital Rule means Rule 15c3-1 of the General Rules and Regulations as promulgated by the SEC under the Exchange Act (17 CFR 240.15c3-1), as such Rule may be amended from time to time, or any rule or regulation of the SEC which replaces Rule 15c3-1.