A invoice that would require exchanges to keep up reserves “ample to fulfill all their obligations to clients” is one step nearer to changing into legislation in Texas. On Could 15, the invoice handed the state Senate and is now awaiting the governor’s signature.
Texas Home Invoice 1666, which amends the Texas Finance Code, handed the state Home earlier this yr. After three readings within the Senate, sentence There aren’t any main modifications to this invoice from earlier drafts.
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