VCSC Daily - Markets rally despite Circular 226 fears

Investors cautious on Circular 226 - Circular 226 governing financial safety for securities companies took effect April 1. Accordingly, the State Securities Commission will use a CAR to benchmark securities companies’ operations. Companies that fail to meet the required ratio will be put under supervision (if the ratio is between120-150% for three consecutive months), or will be put under special supervision (if the ratio is less than 120%).