The Jordan Securities Commission has decided on Dec. 2014 to revoke a decision it took earlier in 2009, and all related addendums thereto. The revoked decision required Brokerage firms to increase its capital to a minimum of JOD 10 million instead of JOD 750,000 for Public Shareholding Companies, and to the minimum of JOD 5 million instead of JOD 750,000 for limited liability companies and private shareholding companies.
JSC decision was circulated to Brokerage Firms.
