The Ghana Stock Exchange is proposing a review of the minimum capital threshold for brokerage firms. The exchange wants to increase the threshold ten times, to at least a million Ghana cedis in the next two years. Joy Business has gathered the increase is to ensure the brokerage firms have the capacity to manage huge transactions as well as support the drive by the bourse to commercialize its operations. The Securities and Exchange Commission is said to be already taking steps to increase the stated capital for fund managers and investment firms as part of plans to review the securities industry laws. The move could be likened to what is happening in the banking sector where the banks have upped their capital significantly. Insurance companies are also expected to follow suit, with their minimum stated capital expected to reach 5 million dollars by next year from the current 1 million. Source: Joy Business/Ghana