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Type 1 and Type 2 Introducing brokers must maintain minimum insurance for each clause in subsection 4456(1) for the greater of:
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$200,000 for a Type 1 introducing broker arrangement or $500,000 for Type 2 introducing broker arrangement, and
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½% of the base amount,
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provided that the minimum amount need not exceed $25,000,000 for each clause.
There is no history log for this rule.
There is no history log for this rule.