BJM gets final extension for OTC trading activities
22 September 2006 | People and Companies | News | Clear Distinction Communications
The Financial Services Board has granted a final extension to Barnard Jacobs Mellet Private Client Services to cease its trading activities of unlisted securities in the Over the Counter (OTC) market by the close of business on 1 December 2006.
According to Jan van Staden, CEO of BJM Private Client Services, this extension will allow for the orderly winding down of the business and enable the relevant issuers to implement alternative trading facilities with the assistance of BJM.