Laws that would require exchanges to take care of stock “sufficient to fulfill all obligations to prospects” has moved nearer to passage in Texas. Might 15 the invoice handed the state Senate and now solely awaits the governor’s signature.
Texas Home Invoice 1666, which amends the Texas Finance Code, handed the state Home of Representatives earlier this 12 months. After three readings within the Senate, the textual content The draft regulation didn’t bear any vital modifications in comparison with the earlier draft.
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